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

Cover art/illustration via CryptoSlate. Image includes combined content which may include the use of AI tools.

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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.

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