Blockchain Advocacy Timeline

Bitcoin White Paper Published

Oct. 31, 2008

Satoshi Nakamoto publishes “Bitcoin: A Peer-to-Peer Electronic Cash System” establishing the first framework for blockchain technology and cryptocurrency.

FinCEN to Regulate Bitcoin Like Currency

Mar. 18, 2013

U.S. Department of Treasury’s Financial Crimes Enforcement Network issues interpretive guidance clarifying that FinCEN’s regulations apply to convertible virtual currencies, subjecting administrators and exchangers of bitcoin and other cryptocurrencies to the Bank Secrecy Act; and becomes the first U.S. regulator to assert jurisdiction over the blockchain ecosystem. Becomes First Major Retailer to Accept Bitcoin

Jan. 9, 2014

U.S. Senator Joe Manchin Demands Regulators Ban Bitcoin

Feb. 26, 2014

This virtual currency is currently unregulated and has allowed users to participate in illicit activity, while also being highly unstable and disruptive to our economy. I urge regulators to take appropriate action to limit the abilities of this highly unstable currency.” – U.S. Senator Joe Manchin

Internal Revenue Service Issues Virtual Currency Guidance

Mar. 25, 2014

Virtual currency is treated as property for U.S. federal tax purposes; general rules for property transactions apply.

Federal Election Commission Allows Bitcoin Donations to Political Committees

May 8, 2014

NYDFS Issues Proposed BitLicense Regulatory Framework

Jul. 17, 2014

NYDFS became the first, and is still the only, state to issue a license specific to virtual currency.

Chamber of Digital Commerce Launches

Jul. 19, 2014

The Chamber of Digital Commerce officially opened its doors, becoming the first and only trade association in Washington, DC solely focused on representing the digital asset and blockchain technology ecosystem.

Chamber Hosts First Congressional Blockchain Education Day

Aug. 29, 2014

The Chamber has held three Congressional “fly-ins” where all Chamber members are invited to Washington, DC to advocate for blockchain on Capitol Hill. Congressional Blockchain Education Day has been attended and sponsored by members of the Congressional Blockchain Caucus and over 300 businesses innovating with blockchain-based technologies.

CFTC Finds that Virtual Currencies are Commodities

Sep. 17, 2015

U.S. Commodities Future Trading Commission determines that bitcoin and other virtual currencies meet the definition of a commodity under to Commodity Exchange Act. Order CoinFlip, Inc., d/b/a Derivabit, et al.

The Blockchain Alliance Launches

Oct. 22, 2015

The Blockchain Alliance is a public-private forum created to address public safety concerns about digital currencies and to combat criminal activity using blockchains. The Blockchain Alliance is credited for coordinating with more than 100 industry and law enforcement agency participants and training their agents to better combat illicit activity associated with blockchains.

Chamber Holds Inaugural DC Blockchain Summit

Mar. 3, 2016

The DC Blockchain Summit is the keystone event of the Chamber of Digital Commerce and brings together policymakers and businesses to discuss some of the most pressing issues impacting blockchain technology. This event is hosted in partnership with Georgetown University’s Center for Financial Markets and Policy.

Chamber Testifies before U.S. Congress, Resulting in the Passage of House Resolution 835

Mar. 16, 2016

The Chamber’s Chairman, Matthew Roszak, testified before the U.S. House of Representatives Energy and Commerce Committee in a hearing entitled “Disrupter Series: Digital Currency and Blockchain.” This hearing led to the passage of H. Res. 835, establishing supportive language for blockchain technology in the Congressional Record.

“Whereas blockchain technology with the appropriate protections has the potential to fundamentally change the manner in which trust and security are established in online transactions through various potential applications in sectors including financial services, payments, health care, energy, property management, and intellectual property management….”

Chamber Launches Global Blockchain Forum

Apr. 2016

Chamber signs Memorandum of Understanding with international group of trade associations to promote global regulatory interoperability.

USAA, IBM, and Microsoft join Chamber’s Executive Committee

Jun. 2016

Marking the first set of Fortune 500 companies to join the Chamber’s membership.

Chamber Facilitates Blockchain Discussions at Federal Reserve

Jun. 3, 2016

The Chamber helped organize blockchain training and education for more than 90 central bank heads at the Federal Reserve’s annual meeting with The World Bank and the International Monetary Fund. The event included an opportunity for Chamber members to hear private remarks from Chair Janet Yellen. Prior to this day, Chair Yellen had never spoken publicly about blockchain technology and we were among the first to receive her thoughts!

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Chamber Launches Smart Contracts Alliance

Jul. 2016

The Smart Contracts Alliance is an initiative of the Chamber of Digital Commerce promoting real-world applications of smart contracts to enhance business. The Smart Contracts Alliance helps shape adoption, technology standards, and policy around smart contracts and has published a series of educational and legal resources, including “Smart Contracts: Is the Law Ready?,” a comprehensive report addressing some of the biggest legal questions impacting the adoption of this technology. Today more than 150 companies have contributed to the work of the Smart Contracts Alliance.

Chamber Supports North Carolina in the Passage of the Nation’s First “Blockchain-Friendly” Bill

Jul. 7, 2016

North Carolina forked away from New York’s BitLicense path and, instead, updated the state’s existing laws. The bill defined “virtual currency” and clarified which activities using virtual currency trigger a money transmission license. Notably, the North Carolina Commissioner of Banks expressly stated that virtual currency miners and blockchain software providers, including smart contracts platforms, colored coins, smart property, multi-signature software, and non-hosted, non-custodial wallets, would not require a license.

Chamber Membership Reaches 40 Companies

Dec. 2016

Chamber Hosts the Industry’s First Smart Contracts Symposium

Dec. 6, 2016

The industry’s first event fully dedicated to smart contract technologies is held in New York’s Times Square. More than 250 of the world’s leading financial institutions, legal experts, blockchain technologists and innovators gather to explore and discuss the adoption of smart contract technologies.

Chamber Partners with Structured Finance Industry Group

Feb. 2017

The Structured Finance Industry Group and the Chamber of Digital Commerce partner to examine the application of blockchain in securitization and issue one of the first comprehensive studies in this area.

“After months of analysis and multiple consultations with various industry constituents involved in the securitization lifecycle, there is little doubt that blockchain and smart contracts, a key technology that enables many blockchain applications, hold such promise. Blockchain will streamline processes, lower costs, increase the speed of transactions, enhance transparency, and fortify security.”

Chamber Launches Blockchain Intellectual Property Council

Mar. 16, 2017

40+ organizations join together to help the development of blockchain tech by addressing intellectual property issues.

U.S. Securities and Exchange Commission Report Find that Tokens can be Securities

Jul. 25, 2017

Report of Investigation Pursuant to Section 21(a) of the Securities Exchange Act of 1934: the DAO.

Chamber Launches Token Alliance

Sep. 15, 2017

The Chamber’s Token Alliance is actively working with the SEC, CFTC, and Congress on issues impacting tokenized networks. We published our first report in July 2018, “Understanding Digital Tokens: Market Overviews & Proposed Guidelines for Policymakers & Practitioners.” The report includes principles and guidelines for utility token sponsors and trading platforms to promote sound business practices and minimize unintentional regulatory risk.

Chamber Leads First Blockchain Certified Trade Mission

Oct. 1-5, 2017

In collaboration with the U.S. Department of Commerce, the Chamber has hosted a number of international delegations, including to Japan, Israel, the United Arab Emirates, and Singapore.

CBOE and the CME Group Launch Bitcoin Futures Contracts

Dec. 2017

The Foundation of the Chamber of Digital Commerce Launches

Dec. 19, 2017

The Foundation of the Chamber of Digital Commerce is a non-profit charitable organization that sponsors and supports research and educational activities to promote the acceptance and use of digital assets and blockchain technologies.

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Chamber Reaches 200 Members!

Jul. 31, 2018

NYAG Issues Virtual Markets Integrity Initiative Report...

Sep. 18, 2018

that is critical of aspects of virtual currency trading activity.

Dec. 4 2018

The Chamber’s State Working Group publishes this resource for state legislators as they explore ways to encourage the growth of blockchain technology. 50+ bills introduced in 2019 track against our Toolkit!  State legislation has exploded, from 64 bills introduced in 2018, to 237 and counting as of May 16, 2019.

View the State Blockchain Report Card »

Chamber of Digital Commerce Canada Launches

Jan. 31, 2019

The Chamber Canada provides unprecedented global access to support the growth of Canada’s blockchain community.

Tanya Woods, the Chamber’s managing director for Canada was appointed to the Ontario Securities Commission Fintech Advisory Committee in February 2019.

Chamber of Digital Commerce Announces Proposed National Action Plan for Blockchain

Feb. 20, 2019

In support of our mission, the Chamber is calling on the highest levels of the U.S. government to embrace a comprehensive, national strategy for blockchain. The Plan proposes that the U.S. approach blockchain technology with clearly articulated support to encourage private sector development and innovation required of emerging industries.

SEC issues its "Framework for 'Investment Contract' Analysis of Digital Assets"

Apr. 3, 2019

FinCEN issues its guidance, "Application of FinCEN's Regulations to Certain Business Models Involving Convertible Virtual Currencies"

May 9, 2019

Members of Congress Call for Blockchain Technology Support

May 29, 2019

Seven Members of Congress wrote a letter to the Director of the National Economic Council requesting that the Administration “hold a forum on blockchain technology and include blockchain technology in the initiatives the Administration intends to promote on emerging technologies.” The letter is the first step in making blockchain technology – the innovation and the economic benefits that come with the technology – a national priority.

Facebook Announces Libra Cryptocurrency

Jun, 18 2019

One of the world’s largest technology companies announces its cryptocurrency project, spurring an international policy debate on crypto and blockchain.

FATF issues its guidance applying AML Recommendations

Jun. 21, 2019

FATF Issues Guidance Applying AML Recommendations to Virtual Assets and Virtual Asset Service Providers.  Guidance for a Risk-based Approach to Virtual Assets and Virtual Asset Service Providers.

Chamber of Digital Commerce Celebrates Five Years of Blockchain Advocacy!

Jul. 19, 2019

Five Year Photo Book
Paul Brigner Interviews Jordan Earls at DC Blockchain Summit 2018
Perianne Boring and Blythe Masters at the DC Blockchain Summit
Perianne Boring attends Cryptolina
Steve Forbes Receives his first Bitcoin
Smart Contract Symposium
CFTC Chair Giancarlo cuts the ribbon to the DC Blockchain Center
Patrick Participates in Digital Asset Summit 2019 panel
Eva Kaili, Member of European Parliament and Perianne Boring
Chamber of Digital Commerce Co-Produces Emerging Links in Sao Paulo
Ashely Lannquist from the World Economic Forum meets with Chamber Leadership
Tanya Woods with Minister of Finance for the Province of Ontario, Victor Fedeli
Chamber members meet with Rep. Bill Foster, Co-Chair of Congressional Blockchain Caucus
Chamber members in Paris for the OECD blockchain discussions
Chamber members celebrate four year anniversary with Buzz Aldrin
Chamber celebrates four year anniversary
Chamber members met with Premier of Bermuda David Burt
Chamber Leadership with Brad Garlinghouse, CEO of Ripple
Chamber Panel at SXSW
CFTC Commissioner Brian Quintenz at the DC Blockchain Summit 2017
Chamber Leads US Department of Commerce Blockchain Briefing
Perianne Boring with US Secretary of Commerce Carlos Gutierrez (2005 - 2009) at the US Embassy of Singapore
Perianne Boring with Chamber Member Arena Friedman, CEO of Nasdaq
Chamber Members on Certified Trade Mission to the United Arab Emirates
Chamber team members Andrea Hall Ethan Brady and Marie Knowles pose at DC Blockchain Summit 2018
Chamber Members on Certified Trade Mission to the United Arab Emirates
Chamber visits USAA headquarters in San Antonio, TX
Behind the scenes with Cognizant
Chamber leads blockchain briefing for U.S. Patent and Trademark Office
House Agriculture Committee Blockchain Briefing
Chamber member IHS Market meets with Rep. Jared Polis
DC Blockchain Summit 2019 member interviews
Bill Clinton receives his first bitcoin
Chamber team members take a break before DC Blockchain Summit 2019
Chamber team members Amy, Div and Dan at Consensus 2018 afterparty
Chamber team at DC Blockchain Summit 2018
Chamber joins delegation to the OECD to discuss blockchain technology
Amy Davine Kim participates in video interview at DC Blockchain Summit 2019
Alex Tapscott and Tanya Woods at DC Blockchain Summit 2019
2017 Dan Spuller and members at Emerging Links event in Sao Paulo
2017 Dan Spuller and Bob Kahn in Mexico at Latin America Blockchain conference