User:Adjoajo/block

The Congressional Blockchain Caucus is a bi-partisan group of members of U.S. Congress and staff. The caucus was founded during the 114th United States Congress to be a platform for industry and government to study and understand Blockchain technology, and the role Congress can play in its development.

History
A letter dated March 24, 2019, was sent to the Honorable Lawrence Kudlow, the Director of the National Economic Council by seven Congressmen. The letter requested that the administration have a forum on blockchain technology and initiate blockchain technology. An emerging digital innovation technology. The signers of the letter were congressmen, Trey Hollingsworth, Darren Soto, Bill Foster, Tom Emmer, Ted Budd, Josh Gottheimer and David Schweikert.

In March of 2021, the Token Taxonomy Act was reintroduced by Representatives Darren Soto (D-FL) and Warren Davidson (R-OH) reintroduced the Token Taxonomy Act. The bill's co-sponsors are Ted Budd (R-NC), Scott Perry (R-PA) and Josh Gottheimer (D-NJ). .

In a press release dated June 16, 2021, Congresswoman Maxine Waters who heads the U.S. House Committee on Financial Services announced the starting of a Digital Assets Working Group for Democrat members of Congress. Bill Foster (D-Il), who is Chair of the Task Force on Artificial Intelligence, a co-founder of the Congressional Blockchain Group, is a member of this new Digital Assets Work9ing Group. the task force. the Congressional Blockchain Caucus working group with the focus on cryptocurrency policy.

A letter dated June 11, 2021, and revised on August 24, 2021, from the Blockchain Caucus was sent to Charles Rettig the Commissioner of Internal Revenue. The letter asked Rettig to amend the tax code's Form 8283, (the Non-cash Charitable Contributions Form), to allow fair market evaluation for crypto donations. The signers of the letter to the Rettig were Blockchain Caucus’ chairs, Emmer, Darren Soto, David Schweikert, and Bill Foster; and Caucus members Ted Budd, Ro Khanna, and Josh Gottheimer.

Purpose
The caucus was formed to be a platform for industry and government to study and understand blockchain technology.

Leadership
Darren Soto (D-Fl) in an article published in Cointelegraph: The Future of Money stated that the biggest challenge was educating members of Congress about blockchain and emerging technologies. He is a co-sponsor for the Token Taxonomy Act, and the Digital Taxonomy Act. Soto is quoted as saying; “It is time for the United States to step up and lead in blockchain technology".

Co-Chairs

 * Tom Emmer, (R-Minn)
 * David Schweikert, (R-Ariz.)
 * Darren Soto, (D-Fla.)
 * Bill Foster (politician) (D-Ill.). Bill Foster is the only blockchain programmer in Congress.

Members

 * Congressman Ted Budd
 * Congressman Troy Carter (politician)
 * Congressman Jim Cooper Democrat- Tennessee
 * Congressman John Curtis (Utah politician)
 * Congressman Warren Davidson
 * Congressman Jeff Duncan (politician)
 * Congressman Matt Gaetz
 * Congressman Greg Gianforte
 * Representative Anthony Gonzalez
 * Congressman Josh Gottheimer
 * Congressman Denny Heck
 * Congressman Bill Huizenga
 * Congressman Ro Khanna
 * Congressman Raja Krishnamoorthi
 * Congressman John Larson
 * Congressman Dan Lipinski
 * Congressman Frank Lucas (Oklahoma politician)
 * Congressman Stephen F. Lynch
 * Congresswoman Nancy Mace
 * Congressman Jerry McNerney
 * Congresswoman Marie Newman
 * Congressman Ralph Norman
 * Congresswoman Stacey Plaskett
 * Congressman Bryan Steil
 * Congressman Eric Swalwell
 * Congressman Van Taylor
 * Congressman Glenn Thompson (politician)
 * Congressman Michael Waltz
 * Congressman Rob Wittman