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From Wikipedia, the free encyclopedia
The Congressional Blockchain Caucus is a bipartisan group of U.S. Representatives and staff. The caucus was founded during the 114th United States Congress to be a platform for industry and government to study and understand blockchain technology, and the role Congress can play in its development.[1][2][3]
The Congressional Blockchain Caucus was formed in September 26, 2016, to study blockchain technology. The Congressional Blockchain Caucus was formed by Jared Polis, a Democratic congressman from Colorado, and Mick Mulvaney, a Republican representing South Carolina.
On March 24, 2019, seven congressmen sent a letter to Larry Kudlow, the director of the National Economic Council. The letter requested that the administration have a forum on blockchain technology and initiate blockchain technology. The signers of the letter were congressmen Trey Hollingsworth, Darren Soto, Bill Foster, Tom Emmer, Ted Budd, Josh Gottheimer and David Schweikert.[4]
In March 2021, Representatives Darren Soto (D-FL) and Warren Davidson (R-OH) reintroduced the Token Taxonomy Act. The bill's co-sponsors are Ted Budd (R-NC), Scott Perry (R-PA) and Josh Gottheimer (D-NJ).[5]
In a press release dated June 16, 2021, Congresswoman Maxine Waters, chairwoman of the U.S. House Committee on Financial Services, announced the formation of a Digital Assets Working Group for Democratic members of Congress. Bill Foster (D-IL), who is Chair of the Task Force on Artificial Intelligence and a co-founder of the Congressional Blockchain Group, is a member of this new Digital Assets Working Group. The Congressional Blockchain Caucus focuses on cryptocurrency policy.[6][7]
The caucus was formed to be a platform for industry and government to study and understand blockchain technology.
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