Perrianne M. Boring Founder and President Chamber of Digital Commerce CryptoBiz Magazine
217 views · Published 20 October 2014 · 8:35 · Indexed 22 September 2026
Channel: Crypto Coin Show · 2014 · People & Blogs
Jay Addison Technical and Media Advisor for CryptoBiz Magazine interviews Perrianne M. Boring the founder and President of the Chamber of Digital Commerce The first DC-based trade association dedicated to promoting the acceptance and use of bitcoin and digital assets to public-policy makers. Boring is a sought-after speaker, and author of the “Boring Bitcoin Report,” a popular industry blog. Prior to forming the Digital Chamber, Boring served as an economic analyst in network cable news. Additionally, she worked as a legislative analyst on Capitol Hill, advising on finance, economics, tax and healthcare policy. Jay: This is Jay Addison from CryptoBiz Magazine. We are live in Las Vegas at the Inside Bitcoin's convention. And we're here with Perianne Boring, the founder and President of The Chamber of Digital Commerce. Perianne, how are you today? Perianne: I'm great, how are you? Jay: I'm doing great too, thanks. Do you think it's possible to properly regulate Bitcoin in it's current form? Perianne: Well, Bitcoin is already being regulated. There's about 10 federal agencies that have jurisdiction over digital currencies that we're working with. And then also, all states have different jurisdictions over the industry as well. It's very difficult to regulate such a nascent industry, because it's so new. With Bitcoin only being five years old, there's really not a lot of precedence set in the legal world for this industry, which we're starting to see now. We're seeing it with Department of Justice and the ICC, the FTC - all these agencies have brought cases against different Bitcoin companies. So that's why extremely important to work with regulators. To educate them on what this is to make sure that these are new, innovative technologies, are being regulated in a way that's fair to them, in a way that doesn't hinder the technology. Jay: What would an ideal set of Bitcoin regulations look like to you? Perianne: I think there's already plenty of regulation out there. What's most important is working with the companies that operate in the space, making sure they understand where regulation would apply to their companies. We just saw last week, the director of FinCen did an interview with Coin Desk, where she said it was unfortunate that there's exchanges that think that they're operating under the radar. And some are thinking that this is going to foreshadow some enforcement action, because they said that, "If these companies think that they won't start putting in compliance programs until enforcement happens, they're willing to do that." And it would be extremely unfortunate to see some of these companies brought down, because they didn't understand where the law applied to them. Jay: Yeah, that makes sense. When the NDFS regulations finalize, how close do you think it'll look to the first public draft? To see the rest of this transcript click here. http://cryptobizmagazine.com/perianne-m-boring-founder-and-president-digital-chamber-of-commerce/ Produced by Trent E. Nellis Chief Operations Advisor CryptoBiz Magazine. To subscribe go to www.cryptobizmag.com
