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Is the House’s FIT21 Bill Really the Legislation That Crypto Needs?
23.5.2024
While many in the industry cheered the passing of the Financial Innovation and Technology for the 21st Century Act yesterday, many other raised criticisms and concerns
CBDC Anti-Surveillance State Act passes US House in partisan vote
23.5.2024
The potential misuse of the CBDC technology trumped arguments about innovation or even good legal drafting
U.S. House Passes Bill Banning Federal Reserve From Issuing a CBDC
23.5.2024
Congressmen Urge SEC Chair Gary Gensler To Approve Spot ETH ETP
23.5.2024
A group of bipartisan House representatives is urging United States Securities and Exchange Commission (SEC) Chair Gary Gensler to approve spot Ether ETPs, a new letter shows. The push for spot ETH ETP approval follows the House’s successful FIT21 vote on Wednesday.
The post Congressmen Urge...
US House approves crypto market structure bill
23.5.2024
Maxine Waters, a Democrat member of the US House, said that the crypto market structure bill, entitled FIT21, is one of the worst bills she has ever seen. Seventy-one Democratic members voted for the bill, including the previous speaker of the House, Nancy Pelosi. The American House...
US House Bucks SEC Warnings, Passes Pro-Crypto Legislation FIT21 with Strong Support
23.5.2024
The US House on Wednesday voted in favor of crypto-friendly legislation (FIT21) that would hand control of cryptocurrency oversight to a government agency seen as more favorable to the industry.
The post US House Bucks SEC Warnings, Passes Pro-Crypto Legislation FIT21 with Strong Support appeared...
FIT21 crypto bill passes US House: Here’s what could happen next
23.5.2024
The crypto-regulating bill is headed to a cloudy future in the Senate with no companion bill and faces one of the country’s most prominent crypto critics
House Passes Landmark Crypto Bill Marking ‘Historic Day’ for Americans
23.5.2024
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...
US House approves FIT21 crypto bill with bipartisan support
22.5.2024
Democratic and Republican lawmakers in the U.S. House of Representatives voted to pass the Financial Innovation and Technology for the 21st Century Act
U.S. House Approves Crypto FIT21 Bill With Wave of Democratic Support
22.5.2024
The crypto industry recorded its biggest-ever U.S. policy win on Wednesday when the House of Representatives approved a wide-reaching bill to establish regulations for digital assets markets, recording a 279-136 vote that saw Democrats crossing party lines to support it
SEC's Gensler Going Rogue in Solo Quest to Stop U.S. Crypto Legislation?
22.5.2024
The White House is "eager" to work on a crypto bill. That was the sentiment of its latest statement on Wednesday, putting the administration on-the-record again about wanting new digital assets policies to protect investors. But U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler –...
U.S. House Set to Vote for First Standalone Crypto Market Structure Bill
22.5.2024
The U.S. House of Representatives is poised to vote in favor of a crypto market structure bill as a standalone piece of legislation for the first time
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.
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White House Opposes Crypto Bill FIT21 — Offers to Work With Congress on Balanced Framework for Digital Assets
22.5.2024
The White House has issued a statement opposing the passage of the crypto bill Financial Innovation and Technology for the 21st Century (FIT21) Act ahead of the House vote today. However, the Biden Administration offered to collaborate with Congress to establish a balanced regulatory framework...
White House and SEC chair oppose FIT21 bill ahead of House vote
22.5.2024
The House of Representatives is set to vote on H.R. 4763, but U.S. President Joe Biden and SEC Chair Gary Gensler oppose the crypto-focused legislation
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...
Biden Does Not Threaten Veto Against House Crypto Market Structure Bill, But 'Opposes Passage'
22.5.2024
U.S President Joe Biden's White House published a statement of administrative policy Wednesday saying the administration opposed the passage of the Financial Innovation and Technology for the 21st Century Act, but without threatening to veto the bill
SEC's Gensler Says House Bill Would 'Undermine' Regulator's Crypto, Capital Markets Oversight
22.5.2024
The Financial Innovation and Technology for the 21st Century Act would hurt investors and hamper the U.S. Securities and Exchange Commission's work, SEC Chair Gary Gensler said Wednesday
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...
Several U.S. House Democrats Petition Colleagues to Join Yes Side on Crypto Bill
21.5.2024
The U.S. House of Representatives is on the verge of a vote on Wednesday that is widely expected to approve comprehensive cryptocurrency legislation with bipartisan support – a major milestone for the industry – and several Democrats there are pushing their colleagues to vote yes