Published On: Fri, Feb 10th, 2017

U.S. Congress Creates New Blockchain Caucus in Washington

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What is constantly an issue, both now and in the future, is the concept of regulating and understanding blockchain and digital currency technology at a government level. The U.S. Government is taking steps to better understand this industry with their new Congressional Blockchain Caucus.
Blockchain Caucus Will Educate Lawmakers
Spearheaded by Rep. Jared Polis (D-Colo.) and David Schweikert (R-Ariz.), this will create a soundboard for future policy creation dealing with blockchain technology and the growing world of digital currency.
The term caucus might imply that this might be a one-off meeting, however this will be a continuing forum for ongoing education and policy reform in the field of distributed ledger technology.

“Blockchain has the potential to transform the 21st-century economy,” Polis said. “Lawmakers need to understand that as the world rapidly changes, it’s our responsibility to ensure that we craft policies and adopt laws that match our ingenuity.”
Blockchain’s potential to reshape everything from the financial industry, to supply chains, to cyber security, to health care is something we should embrace.
Mulvaney Replaced by Schweikert
This blockchain technology initiative has actually been in the making for over a year, …

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