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US House may vote to overturn Biden's SAB 121 veto next week
6.7.2024
While the House and Senate already voted to overturn SAB 121, it will need a two-thirds majority vote from both chambers to invalidate Biden’s veto
The Financial Innovation and Technology for the 21st Century Act Is a Watershed Moment for Our Industry
22.5.2024
Biden Administration Announces Opposition To FIT21
22.5.2024
President Joe Biden’s administration will oppose the passage of Financial Innovation and Technology for the 21st Century Act (FIT21), a Wednesday statement from the White House claims. The White House's announcement comes the same day of the bill's vote in the House of Representatives.
The post...
SEC Chair Gary Gensler Slams FIT2I, Cites “Immeasurable Risk” To Investors
22.5.2024
United States Securities and Exchange Commission (SEC) Chair Gary Gensler released a statement Wednesday morning criticizing the Financial Innovation and Technology for the 21st Century Act (FIT21), claiming it would present "immeasurable risk" to investors and markets. Gensler's commentary comes...
Former Treasury Official Graham Steele Gets Pushback On FIT21 Take After DIFA Petition Criticism
21.5.2024
Former U.S. Treasury Graham Steele is receiving backlash after he took to X Monday morning to scrutinize a petition created by Digital Innovation For America (DIFA) for the Financial Innovation and Technology for the 21st Century Act (FIT21). The bill is set for a full House vote taking place...
US House of Representatives Set To Vote On Decentralization Bill
21.5.2024
The eagerly anticipated Decentralisation Bill, officially known as "The Financial Innovation and Technology for the 21st Century Act" (FIT21), is about to go to a vote in the US House of Representatives.
The post US House of Representatives Set To Vote On Decentralization Bill appeared first...
Coinbase Taps Ex-Rep. Kendrick Meek for Advisory Council as House Gears Up for Crypto Legislation Vote
21.5.2024
Former Congressman Kendrick Meek is hopping on board Coinbase’s global advisory council just before the House vote on the Financial Innovation and Technology for the 21st Century Act (FIT21).
The post Coinbase Taps Ex-Rep. Kendrick Meek for Advisory Council as House Gears Up for Crypto Legislation...
Blockchain Association Sends Letter To Reps. Mike Johnson And Hakeem Jeffries Urging FIT21 House Vote
20.5.2024
The Blockchain Association is urging a full House floor vote of the Financial Innovation and Technology for the 21st Century Act (FIT21), a Monday letter from the crypto advocacy group to House Speaker Mike Johnson and Minority Leader Hakeem Jeffries reveals. News of the letter comes on the heels...
US Representative French Hill Optimistic on Progress of Crypto Legislation
31.1.2024
During a panel discussion at the recent Foundation for Defense of Democracies event, Arkansas Republican French Hill shared a positive update on the trajectory of the Financial Innovation and Technology for the 21st Century Act and the Clarity for Payment Stablecoins Act. US Representative French...
US House Republicans Introduce Landmark Bill for Regulating Crypto: The Financial Innovation and Technology for the 21st Century Act
21.7.2023
On Thursday, Senior House Republicans presented legislation to resolve the regulatory ambiguity surrounding the digital asset industry.
The proposed bill calls for mandatory definitions of "blockchain" and "digital asset" to be included within the existing financial laws by market regulators....