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Congress Now Has a Caucus Dedicated to Bitcoin and Blockchain
Nextgov: Blockchain is permeating the world’s spheres of influence. A Congressional group dedicated to studying the technology underpinning the bitcoin cryptocurrency was set up Sept. 26 by two congressmen. The Congressional Blockchain Caucus was formed by Jared Polis, a Democrat congressman from Colorado and longtime bitcoin believer, and Mick Mulvaney, a Republican representing South Carolina.
The role of the caucus (officially known as congressional member organizations) is to get other legislators up to speed on a subject in the hopes of formulating future laws that affect that niche. It’s a bit like a club in high school where people of similar interests gather to discuss the issues of the day in their particular area. “The blockchain has boundless potential,” Polis said in a statement announcing the caucus’ formation.
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