Industry lobby groups unite to form Global Blockchain Forum to push for “coherent” public policy

A group of interest groups focused on issues related to bitcoin, blockchain and digital assets have created a new business forum in an effort to shape public policy around the technology.

The group, called the Global Blockchain Forum Blockchain Forum, includes backers including the U.S.-based Chamber of Digital Commerce, the Australian Digital Currency and Commerce Association (ADCCA), the UK Digital Currency Association (UKDCA), and the Association of Cryptocurrency Enterprises and Startups (ACCESS), based in Singapore.

The organization’s goal is reportedly to be to establish “international industry best practices” to encourage blockchain innovation around the world.

Perianne Boring, president of the Chamber of Digital Commerce, told reporters:

“We believe the time is right to formally create this platform and welcome other relevant institutions to participate in coordinating these efforts.”

The organization’s formation comes as governments around the world continue to establish regulatory schemes around blockchain technology, with recent policy updates occurring in Asia, Europe, and the United States.

According to Boring, the organization will work to facilitate communication among stakeholders, promote “consistent” public policies for digital currency and blockchain regulation, and conduct research to support the development of those policies.

“There is no consistency between countries in the way they seek to regulate Bitcoin and blockchain technology,” Boring explained.

For example, she noted that Anti-Money Laundering ( AML ), Know Your Customer ( KYC ) and Bank Secrecy Act ( BSA ) laws vary around the world, which forces companies to pay more.

Boring also said the group would seek dialogue with relevant regulators.

Original article: http://www.coindesk.com/trade-groups-unite-to-launch-blockchain-forum/
By Stan Higgins
Translation: Overnight porridge
Source (translation): Babbitt Information (http://www.8btc.com/blockchain-forum)