2014
The Digital Chamber (TDC), formerly known as the Chamber of Digital Commerce, was established in 2014 with a mission to educate and advocate for the burgeoning digital assets and blockchain industry. Prompted by international scandals such as Silk Road and Mt. Gox, TDC recognized the critical need for robust advocacy in our nation’s capital to protect American interests and foster innovation within the digital asset sector.
2015
TDC founded the Blockchain Alliance to combat criminal activity and ensure the security of the blockchain industry. Over the years, we have hosted numerous briefings for law enforcement. Today, less than 0.4 percent of cryptocurrency transactions are illicit, highlighting the effectiveness of collaborative efforts between the public and private sectors.
2016
We brought bitcoin to the Federal Reserve. TDC was invited to facilitate discussions at an event hosted by the Federal Reserve, World Bank, and IMF. This marked the first time the Chair of the Federal Reserve delivered remarks on blockchain technology. During the event, Adam Ludwin, CEO of Chain, made a donation to the Wikipedia Foundation in bitcoin from the Federal Reserve Board Room in front of over 100 central bank heads.
2017
The Digital Chamber led the first-ever Blockchain Certified Trade Mission, enhancing the presence of U.S.-based companies in the United Arab Emirates. This mission advanced the “Dubai Blockchain Strategy,” contributing to Dubai’s transformation into the world’s first blockchain-powered government. Consequently, several TDC members have established operations in the UAE. Additionally, TDC successfully conducted a certified trade mission to Israel and organized delegations to Japan and Singapore.
2019
The Digital Chamber released the National Action Plan for Blockchain, urging the U.S. Government to publicly support blockchain development and innovation. President Biden’s Executive Order on Digital Assets incorporated many elements of TDC’s plan, though they have yet to be fully implemented. We have more work to do to ensure the U.S. leads the world in blockchain technology.
2020
TDC PAC contributed bitcoin to every Member of Congress’ campaign. Accepting cryptocurrency campaign contributions is one small yet impactful way Members of Congress can better understand a technology that will be crucial to their constituents.
2021
The Digital Chamber (TDC) successfully opposed the U.S. Treasury’s attempt to restrict the use of self-hosted wallets. Access to open-source software, including cryptocurrencies, is protected under the First Amendment. Any attempt to restrict this access threatens free speech, the right to assemble, property rights, and financial sovereignty. TDC plays a crucial role in safeguarding these essential liberties.
2022
The Digital Chamber (TDC) has championed the approval of spot crypto exchange-traded products (ETPs) to level the playing field for investors. Our investigation into the Securities and Exchange Commission’s reluctance to approve these products led to a court ruling that found the SEC guilty of arbitrary and capricious behavior towards our industry. These products were finally approved in 2024, attracting over $16 billion in investments and marking the most successful ETF launch in history.
2023
Court Victories! In 2023, our brief in the SEC v. Ripple case was extensively cited in the landmark decision that significantly limited the SEC’s jurisdiction over digital assets. The Digital Chamber has served as amicus curiae in multiple industry cases against the SEC, which has pursued an aggressive regulation-by-enforcement strategy. TDC’s stance is clear: the SEC’s confrontational approach stifles innovation and lacks legislative authority.