Tag: FIT21

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FIT21 Bill Seen As Solution to US Crypto Exodus Concerns, Paving Way for Thriving Market

The Financial Innovation and Technology for the 21st Century Act’s (FIT21) approval on Wednesday would align the US with other nations in terms of its regulatory framework for crypto, according to Kyle Bligen, director of financial policy at the Chamber of Progress. Bligen told Cryptonews in an interview Thursday that if the FIT21 bill passes…
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House Passes Landmark Crypto Bill Marking ‘Historic Day’ for Americans

The U.S. House of Representatives has approved the Financial Innovation and Technology for the 21st Century (FIT21) Act for the regulation of crypto assets despite opposition from President Joe Biden and SEC Chair Gary Gensler. This landmark legislation secured a bipartisan approval with a vote of 279 to 136. “FIT21 is the first legislation of…
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