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 […]
US House to Vote on FIT21 Act to Clarify US Crypto Regulations
The Financial Innovation and Technology for the 21st Century Act (HR 4763), or FIT21, is scheduled for a vote in the U.S. In order to establish a clear regulatory framework for digital assets, this measure aims to define the roles of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), thereby […]