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CDC will “donate” $ 50 in BTC to all members of the US Congress for the election campaign

The House of Digital Commerce Policy Initiatives Committee (CDC) wants to raise awareness of US congressmen about crypto assets and will transfer $ 50 BTC to each of them for the election campaign.

The new initiative of the Chamber of Digital Commerce “Crypto Assets for the US Congress” means that all Congressmen will receive campaign contributions in BTC. Perianne Boring, president of the US Chamber of Digital Commerce and head of the Political Initiatives Committee, said this should raise awareness and give parliamentarians an understanding of the interaction with blockchain and digital assets.

In addition to the $ 50 BTC, CDC will provide online training for members of Congress on the use of cryptocurrencies.

“One of the biggest challenges we’ve always faced when it comes to cryptoassets is that people just don’t understand what we’re talking about,” Boring said.

She added that the initiative will help the group protect the interests of the industry going forward, including taxation and regulation. As noted by the Chamber of Digital Commerce, after receiving a contribution, a congressman can accept it, transfer it to a charity that accepts BTC, or simply refuse.

“The Crypto Assets for Congress Initiative provides an opportunity for our entire legislature community to participate in the development of finance and technology,” said US Congressman Tom Emmer, known for his supportive attitude towards cryptocurrencies and blockchain.

Boring added that all donated BTC will be mined by CDC’s US technology partners Core Scientific and Luxor. “We get pure bitcoin mined in the US,” she said.

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