Following Crypto EO, Chamber of Progress Calls on Department of Commerce for Action

Letter urges digital asset framework that promotes workforce development, environmental practices, and regulatory clarity

May 9, 2022

On Monday, Chamber of Progress sent a letter to Secretary of Commerce Gina Raimondo, urging the U.S. Department of Commerce to establish a digital asset framework following up on President Joe Biden’s cryptocurrency executive order. Chamber of Progress urged the agency to focus its new digital assets framework on promoting workforce development, responsible environmental practices, and regulatory clarity. 

Read the full letter to the U.S. Department of Commerce.

“President Biden’s executive order directed U.S. policymakers to make sure our nation’s crypto regulations promote competition, protect consumers, and support our workforce,” said Chamber of Progress CEO Adam Kovacevich. “The digital economy is moving, and the U.S. has a chance to be a global leader.”

Congress has held several recent hearings to discuss the fast growing cryptocurrency industry. Chamber of Progress has urged lawmakers to pursue a regulatory framework that encourages innovation and protects consumers. 

Polling conducted for Chamber of Progress by Morning Consult shows that Democratic voters – particularly younger Democrats – are more positive towards pro-crypto public policies than their Republican counterparts.


Chamber of Progress ( is a center-left tech industry policy coalition promoting technology’s progressive future.  We work to ensure that all Americans benefit from technological leaps, and that the tech industry operates responsibly and fairly.  

Our corporate partners do not have a vote on or veto over our positions. We do not speak for individual partner companies and remain true to our stated principles even when our partners disagree.