The Digital Chamber, formally ''The Chamber of Digital Commerce,'' is an American

advocacy group Advocacy groups, also known as lobby groups, interest groups, special interest groups, pressure groups, or public associations, use various forms of advocacy or lobbying to influence public opinion and ultimately public policy. They play an impor ...

that promotes the emerging industry behind

blockchain The blockchain is a distributed ledger with growing lists of Record (computer science), records (''blocks'') that are securely linked together via Cryptographic hash function, cryptographic hashes. Each block contains a cryptographic hash of th ...

technology,

bitcoin Bitcoin (abbreviation: BTC; Currency symbol, sign: ₿) is the first Decentralized application, decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 when an unknown entity published a white paper under ...

digital currency Digital currency (digital money, electronic money or electronic currency) is any currency, money, or money-like asset that is primarily managed, stored or exchanged on digital computer systems, especially over the internet. Types of digital cu ...

and

digital asset A digital asset is anything that exists only in digital form and comes with a distinct usage right or distinct permission for use. Data that do not possess those rights are not considered assets. ''Digital assets'' include, but are not limited t ...

History

Headquartered in

Washington, D.C. Washington, D.C., formally the District of Columbia and commonly known as Washington or D.C., is the capital city and federal district of the United States. The city is on the Potomac River, across from Virginia, and shares land borders with ...

, the organization was founded in July 2014 by Perianne Boring. In October 2014, the chamber received

501(c)(6) A 501(c) organization is a nonprofit organization in the federal law of the United States according to Internal Revenue Code (26 U.S.C. § 501(c)). Such organizations are exempt from some federal income taxes. Sections 503 through 505 set ou ...

non-profit status from the

Internal Revenue Service The Internal Revenue Service (IRS) is the revenue service for the Federal government of the United States, United States federal government, which is responsible for collecting Taxation in the United States, U.S. federal taxes and administerin ...

. In 2015, economist and former

JPMorgan Chase JPMorgan Chase & Co. (stylized as JPMorganChase) is an American multinational financial services, finance corporation headquartered in New York City and incorporated in Delaware. It is List of largest banks in the United States, the largest ba ...

executive

Blythe Masters Blythe Sally Jess Masters (née Levett; born 22 March 1969) is a British private equity executive and former financial services and fintech executive. She is a former executive at JPMorgan Chase, where she was widely credited for developing the ...

was appointed to the advisory board. In December 2019, former chairman of the

Commodity Futures Trading Commission The Commodity Futures Trading Commission (CFTC) is an Independent agencies of the United States government, independent agency of the US government created in 1974 that regulates the U.S. derivatives markets, which includes futures contract, fut ...

Christopher Giancarlo was appointed to the advisory board of the chamber. The chamber is also interested in patent applications, particularly those filed by China concerning the digital industry. In 2024, the chamber advocated for the passage of "a clear regulatory framework" on stablecoins to keep the U.S. dollar strong in the digital economy. In a 2024 report, it noted how USD-linked stablecoins are becoming popular for payments and remittances, especially in unstable markets. The chamber has pushed for allowing both banks and non-banks to issue stablecoins, setting strict rules for reserves, and making systems compatible. In 2025, Cody Carbone, the association's President, was promoted to Chief Executive Officer.

PAC (political action committee)

In August 2014, political news site '' The Hill'' reported that the Chamber had registered a

political action committee In the United States, a political action committee (PAC) is a tax-exempt 527 organization that pools campaign contributions from members and donates those funds to campaigns for or against candidates, ballot initiatives, or legislation. The l ...

with the United States

Federal Election Commission The Federal Election Commission (FEC) is an independent agency of the United States government that enforces U.S. campaign finance laws and oversees U.S. federal elections. Created in 1974 through amendments to the Federal Election Campaign ...

. As ''The Hill'' piece noted, “formation of the PAC is a sign of increasing maturity for Bitcoin and a signal that politicians could face political pressure to support virtual currencies.” To date, however, the PAC has only raised $10,000 of which only $2,700 has been contributed to a candidate.

References

External links

* {{Cryptocurrencies 2014 establishments in Washington, D.C. Organizations established in 2014 Cryptocurrency in the United States Trade associations based in the United States Bitcoin companies Non-profit organizations based in Washington, D.C.