Binance joins Chamber of Digital Commerce, gains foothold in US political system 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.
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Updated: Dec. 20, 2022 at 5:54 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
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:
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.
The CoC PAC has only raised $10,400 since 2021 and has spent $15,593.11 up until Nov. 28.
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Posted In: Exchanges, Regulation
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Josh O'Sullivan
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.
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Chamber of Digital Commerce
The Chamber of Digital Commerce is the Washington, DC-based trade association representing the blockchain industry.
Binance
Binance is a global cryptocurrency exchange that provides a platform for trading more than 100 cryptocurrencies.
