2024-05-23 06:22:13

The Financial Innovation and Technology for the 21st Century Act: Shaping Digital Asset Regulation in the U.S.

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The Financial Innovation and Technology for the 21st Century Act (FIT21) passed by the U.S. House of Representatives marks a pivotal moment in digital asset regulation, aiming to provide clear rules for innovation while protecting consumers.

With bipartisan support, the bill clarifies the roles of regulatory bodies like the SEC and CFTC, signaling progress in addressing the complex regulatory landscape. Despite its House approval, the bill faces uncertainties in the Senate, including the lack of a counterpart bill and opposition from key figures like Elizabeth Warren.

The legislation's passage could impact the balance of regulatory power between the SEC and CFTC, highlighting ongoing debates on investor protection and market oversight in the crypto industry.

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CoinDesk
22. Mai 2024 um 21:42

U.S. House Approves Crypto FIT21 Bill With Wave of Democratic Support

Cryptocurrencies & blockchain
Politics
Finance
The U.S. House of Representatives passed the Financial Innovation and Technology for the 21st Century Act (FIT21) bill to establish regulations for digital assets markets, with bipartisan support. The bill now moves to the U.S. Senate, where its fate is uncertain due to lack of a counterpart bill and unclear support in the necessary committees. Despite the win, the implementation of crypto regulations in the U.S. is still incomplete.
Cointelegraph.com News
22. Mai 2024 um 21:50

US House approves FIT21 crypto bill with bipartisan support

Cryptocurrencies & blockchain
Politics
Finance
The US House of Representatives passed the Financial Innovation and Technology for the 21st Century Act with bipartisan support. The bill aims to provide regulatory clarity for digital assets, clarifying the roles of the SEC and CFTC. The legislation received 71 Democratic and 208 Republican votes in favor.
CoinDesk
22. Mai 2024 um 21:45

The Financial Innovation and Technology for the 21st Century Act Is a Watershed Moment for Our Industry

Finance
Technology
The Financial Innovation and Technology for the 21st Century Act (FIT21) passed by the U.S. House of Representatives is seen as a significant step forward in the regulation of digital assets. The legislation aims to provide clear rules for responsible innovation while safeguarding consumers, addressing the current confusing regulatory landscape in the United States.
Coinage | Bitcoin, Ethereum, Crypto News
22. Mai 2024 um 22:18

The House Passes Pro-Crypto Bill FIT21 In Yet Another Political Win

Politics
Finance
Technology
The House passed the pro-crypto bill FIT21 with significant support from Democrats, putting pressure on the SEC. The bill aims to provide regulatory clarity for cryptocurrencies, convincing key politicians to break ranks and support it.
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