Chamber of Digital Commerce facts for kids
| Founder | Perianne Boring |
|---|---|
| Focus | Digital Asset & Blockchain advocacy |
| Method | Political lobbying, Advocacy, Public relations |
The Digital Chamber, officially called The Chamber of Digital Commerce, is a group in America. It works to support new technologies like blockchain, bitcoin, and other types of digital money. An advocacy group helps speak up for a certain cause or industry.
How It Started
The Digital Chamber began in July 2014. It was started by Perianne Boring in Washington, D.C.. In October 2014, the group became a non-profit organization. This means it works for a cause, not to make money.
In 2015, a smart economist named Blythe Masters joined their advisory board. An advisory board is a group of experts who give advice to an organization.
Later, in December 2019, Christopher Giancarlo also joined the advisory board. He used to be in charge of a big government group that looks at trading.
The Chamber also pays attention to new ideas and inventions. They are especially interested in digital industry ideas from China.
Helping Digital Money
In 2024, the Chamber worked to help create clear rules for stablecoins. Stablecoins are a type of digital money that tries to keep a steady value. They are often linked to regular money like the U.S. dollar.
The Chamber believes these rules will help the U.S. dollar stay strong in the digital world. They noted that stablecoins linked to the U.S. dollar are becoming popular for payments. This is especially true in places where regular money might not be stable.
The Chamber has pushed for banks and other companies to be able to create stablecoins. They also want strict rules for how these digital coins are backed up. This helps make sure they are safe and reliable.
In 2025, Cody Carbone became the Chief Executive Officer of the Digital Chamber. He was the president before this.
Political Action Committee
In August 2014, a news website called The Hill reported something important. The Digital Chamber had created a political action committee, or PAC. A PAC is a group that raises money to support political candidates.
This showed that Bitcoin and other digital currencies were becoming more serious. It also meant that politicians might feel pressure to support these new digital money ideas. So far, this PAC has raised a small amount of money. It has given a little bit of that money to a political candidate.
