The Digital Chamber of Commerce announced on Monday that the “Congressional Encryption” initiative has been launched. The announcement detailed: “Today, all members of the US Congress will receive Bitcoin campaign donations.” There are 535 members of the US Congress: 100 serve in the Senate and 435 serve in the House of Representatives. The Political Action Committee of the Digital Chamber of Commerce will provide all 535 members of Congress with a $50 bitcoin donation.
The announcement explained that the organization also provides online public education training, toolkits and various resources to members of Congress from all parties to “help them directly participate in the cryptocurrency ecosystem.”
According to the information on the announcement website: “Congress Encryption” is an educational initiative aimed at expanding the use of digital assets among congressional candidates, elected leaders, and voters.
Perianne Boring, the founder of the organization, said: “Now is the time for all members of Congress to understand and embrace cryptocurrency and blockchain technology, and the best way to achieve this goal is to build a digital wallet and embark on a blockchain journey.”
“Many other countries, such as China, Japan, Singapore, and Switzerland, have quickly adopted blockchain technology and formulated strong national plans, hoping to become a global leader in this field. The United States is lagging behind in technological innovation. We Unwilling to take this risk.”
The Congressional Encryption Initiative is supported by members of the Congressional Blockchain Caucus, including representatives Darren Soto and Tom Emmer who support cryptocurrencies.
Sponsors of the newly launched program include Anclage, Bitpay, Blockfi, CMT Digital, Circle, Civic, eToro, Flipside Crypto, Medici Ventures, Messari and Paxos.
Congressman Tom Emmer commented: “Congressional Encryption provides us with the opportunity to join this financial and technological change.”
“By embracing the digital asset movement, we have the opportunity to take an important step forward to ensure the future leadership of the United States in the global economy.”
Author Amy Liu
