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Goldman Sachs & Visa join chamber of digital commerce in exciting move

 
Goldman Sachs & Visa join chamber of digital commerce in exciting move
Breaking News / Crypto Market

Quick take

1.5 minute read

  • Goldman Sachs, Visa and six digital exchange (SDX) have all been announced to be joining the executive committee of the chamber of digital Commerce. 
  • Even the former White House chief of staff and co-founder of the congressional blockchain caucus, Mick Mulvaney is going to be joining the chamber the board of advisers. 

Goldman Sachs, Visa and six digital exchange (SDX) have all been announced to be joining the executive committee of the chamber of digital Commerce. 

Even the former White House chief of staff and co-founder of the congressional blockchain caucus, Mick Mulvaney is going to be joining the chamber the board of advisers. 

With the addition of Goldman Sachs and Visa, it is going to continue the trend of greater crypto engagement through payments and massive financial institutions.

Perianne Boring, the founder and president of the advisory board has spoken to Cointelegraph in discussing how important it is to get the best people for the job in the chamber:

It's important that when we have diverse views, because when you're working on public policy, your work impacts everybody. It impacts the entire ecosystem. So you need to make sure you really understand the full scope of an industry and how potential policy could impact everybody.

The head of crypto at Visa, Cuy Sheffield has said that the payments network has continuously looked into new payment innovations such as the world of blockchain. 

He went on to add that crypto “might be able to connect or expand our existing network and products.“

Boring further went on to discuss crypto adoption and what this news means for reaching a mainstream audience. 

She said that people are starting to understand the importance of blockchain technology in the world's economy indicating that the nascent technology and cryptocurrency could become more integrated to some of the world's more traditional sectors.

It will be interesting to see how this situation plays out. For more news on this and other crypto updates, keep it with CryptoDaily!

 

© 2020 CryptoDaily All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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