Digital Chamber of Commerce Addresses Federal Agencies on Bitcoin

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Digital Chamber of Commerce Addresses Federal Agencies on Bitcoin

ForexMinute.com – Digital Chamber of Commerce recently stepped up to address US federal agencies on Bitcoin and other cryptocurrencies.

The Washington DC-based organization, led by economist Perianne Boring, put light on certain benefits cryptocurrency technology could bring to ever-changing financial sector. Among the listeners were representatives from the Office of the Director of National Intelligence, Central Intelligence Agency (CIA), U.S. Department of the Treasury Financial Crimes Enforcement Network (FinCEN), Federal Bureau of Investigation (FBI), U.S. Department of Commerce, and Government Accountability Office (U.S. GAO).

“With a current market capitalization of about US$5.8 billion, digital currencies are a growing force in the global marketplace and are here to stay,” she said. “As we see a generational shift led by the millennials, digital currencies will become as commonplace as email and Facebook. The Intelligence Community is a very savvy group. They are paying attention to digital currency because they know it’s the future.”

On the other hand, US federal agencies were reportedly focusing on the potential of digital currencies for financing global terrorism and similar threats.

This was the second time in one-week when Boring was asked to represent the cryptocurrency community. She earlier appeared before the Australian Senate in order to help them create fair and logical regulations for Bitcoin users and businesses.

She has been quite an active member in providing a clear understanding of Bitcoin and other virtual currencies. She is currently the founder and the president of the Digital Chamber of Commerce.

To contact the reporter of the story: Yashu Gola at yashu@forexminute.com