Lawmaker Urges US Senate to Pass FIT21 Bill Before Election

Lawmaker Urges US Senate to Pass FIT21 Bill Before Election

Rep. Patrick McHenry is calling on the United States Senate to quickly pass the crypto-regulating FIT21 bill before the upcoming election in November. Patrick McHenry, a departing Republican lawmaker from the United States, has pressured the Senate to approve a crucial crypto-regulatory bill before the November presidential election. On May 22, 208 Republicans and 71 […]

US House Passes FIT21 Crypto Bill in Surprise Move

US House Passes FIT21 Crypto Bill in Surprise Move

The US House passed the FIT21 Act with a 279-136 vote, establishing a regulatory framework for digital assets. The US House of Representatives approved the Financial Innovation and Technology for the 21st Century Act (FIT21) by a resounding 279 to 136 vote. The bill, which the cryptocurrency industry views as a significant victory, seeks to […]