The Chamber of Digital Commerce has been playing an important role in terms of Bitcoin regulation over the past year. In fact, the Chamber of Digital Commerce is the only trade association exclusively representing the world of Bitcoin and digital currency. And a few days ago, they celebrated their first anniversary. Let’s recap what has been realised so far.
Celebrating One Year of Chamber of Digital Commerce
If there is one thing the Bitcoin industry desperately needed, it was a group of experts who truly took Bitcoin’s best interest to heart and went out to represent it in a proper fashion. Originally, this was the task of the Bitcoin Foundation, but that organization failed to live up to its expectations. On top of that, the Bitcoin Foundation misspent a huge amount of funds and went nearly bankrupt earlier this year.
The time was right for a new group of people to take center stage and represent Bitcoin in a positive manner. The Chamber of Digital Commerce was formed and their mission was both bold and simple at the same time: open a dialogue with policymakers and promote the benefits of Bitcoin and the blockchain