The current environment for blockchain advocacy and policy work with Chamber of Digital Commerce President Perianne Boring

advertisement

Episode 4 of Season 4 of The Scoop was recorded at The Block offices with Frank Chaparro and Perianne Boring, Founder and President at The Chamber of Digital Commerce. Listen below, and subscribe to The Scoop on AppleSpotifyGoogle PlayStitcher, or wherever you listen to podcasts. Email feedback and revision requests to [email protected]

Facebook's Libra sent shockwaves through Washington D.C. when it was announced with much fanfare last summer.
 
Indeed, it sparked a conversation among policymakers and legislators about the benefits of cryptocurrency – and stablecoins specifically – as well as broader questions about what money is and the implications of a Facebook rival to the U.S. dollar. As might be expected, it generated more than a few bits of controversy given the involvement of the social media giant.
 
Since Libra's inception, a number of countries have announced their intentions to digitize their own sovereign currency. In China, the country has ramped up its own efforts to launch a digital currency, and central banks around the world are exploring similar initiatives. 
 
None of this is going unnoticed on Capitol Hill, and on this episode of The Scoop, Perianne Boring, president of the Chamber of Digital Commerce, explores why concerns about China are driving lawmakers to focus on crypto and stablecoins.
 
In this episode, we discuss:
  • The history of blockchain and cryptocurrency policywork in the US
  • China's 84 blockchain patents and its plans for a digital currency 
  • Lawmaker concerns surrounding China being the leader in blockchain and central bank digital currencies
  • Former CFTC chair Christopher Giancarlo's planned push for a digital U.S. dollar. 
The transcript is provided for your convenience. Please excuse any errors or typos resulting from the transcription process:

© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Trending Stories

Get Your Crypto
Daily Brief

Delivered daily, straight to your inbox.

5 Steps to a Successful Crypto AML Program

As cryptocurrencies become increasingly mainstream, regulators, the media and policymakers are paying more attention to the financial crime risks associated with them. But what are the biggest compliance challenges crypto firms face, and what does a best practice AML program look like? 
Read Full Story
Sponsored Post

Layer-2 Scaling Solutions: A Framework for Comparison - Commissioned by Polygon

Ethereum had a breakout year in 2021. It’s native asset, ETH’s, market capitalization surpassed $500 billion for the first time. Its network facilitated upwards of $7 trillion value transfer. Non-fungible tokens (NFTs) emerged as another “killer application” that have put its technology on the global stage and caught the attention of the masses.
Read Full Story
May 5, 2022, 3:17PM UTC

The TRON Ecosystem Thrives Amidst Market Chaos

TRON DAO has announced the launch of a $10 million incentive fund in light of recent events to support Terra developers migrating to the TRON ecosystem, including TRON’s EVM compatible cross-chain solution BitTorrent Chain (BTTC), which helps facilitate the seamless transfer of assets across mainstream public chains, including TRON, Ethereum, and BNB Chain. 
Read Full Story
Sponsored Post
More