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]
History
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]
Purpose
The caucus was formed to be a platform for industry and government to study and understand blockchain technology.
Co-Chairs
Members
- Congressman Jake Auchincloss (D‑MA‑4)
- Congressman Don Beyer (D‑VA‑8)
- Congresswoman Lauren Boebert (R‑CO‑3)
- Congresswoman Kat Cammack (R‑FL‑3)
- Congressman Buddy Carter (R‑GA‑1)
- Congressman Troy Carter (D‑LA‑2)
- Congressman John Curtis (R‑UT‑3)
- Congressman Warren Davidson (R‑OH‑8)
- Congressman Byron Donalds (R‑FL‑19)
- Congressman Jeff Duncan (R‑SC‑3)
- Congressman Josh Gottheimer (D‑NJ‑5)
- Congressman Bill Huizenga (R‑MI‑4)
- Congressman Ro Khanna (D‑CA‑17)
- Congressman Raja Krishnamoorthi (D‑IL‑8)
- Congressman John Larson (D‑CT‑1)
- Congressman Mike Levin (D‑CA‑49)
- Congressman Frank Lucas (R‑OK‑3)
- Congressman Stephen F. Lynch (D‑MA‑8)
- Congresswoman Nancy Mace (R‑SC‑1)
- Congressman Ralph Norman (R‑SC‑5)
- Congresswoman Stacey Plaskett (D‑VI‑AL)
- Congresswoman Maria Salazar (R‑FL‑27)
- Congressman Bryan Steil (R‑WI‑1)
- Congressman Glenn Thompson (R‑PA‑15)
- Congressman Ritchie Torres (D‑NY‑15)
- Congressman Michael Waltz (R‑FL‑6)
- Congressman Rob Wittman (R‑VA‑1)
See also
References
- "Congressional Blockchain Caucus - Summary from LegiStorm". www.legistorm.com. Retrieved October 16, 2021.
- Jordan, Chuck (February 8, 2021). "Congress has only begun its study of financial technologies". TheHill. Retrieved October 16, 2021.
- "Congressional Blockchain Caucus". Congressional Blockchain Caucus. Retrieved October 16, 2021.
- "Seven U.S. Members of Congress Urge Administration to Support Blockchain Technology". Chamber of Digital Commerce. May 29, 2019. Retrieved October 16, 2021.
- "Soto, Davidson Reintroduce Token Taxonomy Act". Congressman Darren Soto. March 10, 2021. Retrieved October 16, 2021.
- "Waters Announces Digital Assets Working Group". Financial Services Committee. June 16, 2021. Retrieved October 16, 2021.
- "- EXAMINING FACEBOOK'S PROPOSED CRYPTOCURRENCY AND ITS IMPACT ON CONSUMERS, INVESTORS, AND THE AMERICAN FINANCIAL SYSTEM". www.govinfo.gov. Retrieved October 16, 2021.
- "Darren Soto to lead congressional 'Blockchain Caucus'". Florida Politics. January 28, 2019. Retrieved October 16, 2021.
- "Congressional Blockchain Caucus". Congressional Blockchain Caucus. Retrieved October 16, 2021.
- "Evangelizing Blockchain to the US Congress". Orbs. Retrieved October 16, 2021.