This article is 3 years old. The information presented may be outdated.

Binance joins Chamber of Digital Commerce, gains foothold in US political system

Binance has joined the Chamber of Digital Commerce to promote the development of sensible regulations for cryptocurrency and blockchain.

Josh O'Sullivan
Author
Josh O'Sullivan
Published
Updated
Read Time 1 min read
Binance joins Chamber of Digital Commerce, gains foothold in US political system

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

Make preferred on

Binance became a member of the U.S. Chamber of Digital Commerce (CoC) on Dec. 20, according to a company statement.

As a member of the CoC's Executive Committee, Binance will work closely with the organization to advance the blockchain industry and promote the development of sensible regulations for cryptocurrency and blockchain.

Though the CoC does not consist exclusively of blockchain companies, it does offer Binance access to a plethora of other big names in the space:

Source: https://digitalchamber.org/about/members/
Source: https://digitalchamber.org/about/members/

The CoC is a leading voice in blockchain technology policy and a legally registered entity with a political action committee (PAC) — which can be used for financial incentives within the U.S. political system.

CryptoSlate Daily Brief

Daily signals, zero noise.

Market-moving headlines and context delivered every morning in one tight read.

5-minute digest 100k+ readers

Free. No spam. Unsubscribe any time.

You’re subscribed. Welcome aboard.

The CoC PAC has only raised $10,400 since 2021 and has spent $15,593.11 up until Nov. 28.

Mentioned in this article
The Digital Chamber Binance
Posted in
Regulation Exchanges
Author View profile
Josh O'Sullivan
Josh O'Sullivan
Editor/Reporter CryptoSlate

Josh has been writing for a decade and is passionate about mainstream crypto adoption, bringing positive financial change to the masses through crypto and decentralized finance as a whole.

Context

Related coverage

Switch categories to dive deeper or gain broader context.

Disclaimer

Our writers' opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies. For more information, see our company disclaimers.

In this article