Headquartered in Washington, D.C., the organization was founded in July 2014 by Perianne Boring. In October 2014, the chamber received 501(c)(6) non-profit status from the Internal Revenue Service.[5] In 2015, economist and former JPMorgan Chase executive Blythe Masters was appointed to the advisory board.
In August 2014, political news site The Hill reported that the Chamber had registered a political action committee with the United States Federal Election Commission. As The Hill piece noted, “formation of the PAC is a sign of increasing maturity for Bitcoin and a signal that politicians could face political pressure to support virtual currencies.”[7][8][9][10] To date, however, the PAC has only raised $10,000 of which only $2,700 has been contributed to a candidate.[11][12]
