26 Sep '16, 4pm

The US Congress now has a caucus dedicated to bitcoin and blockchain

The US Congress now has a caucus dedicated to bitcoin and blockchain

Blockchain is permeating the world’s spheres of influence. A U.S. Congressional group dedicated to studying the technology underpinning the bitcoin cryptocurrency was set up today (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. Blockchain technology is shaking up high fi...

Full article: http://qz.com/791360/bitcoin-caucus-the-us-congress-now-h...

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