FIT21 Act Advances in Senate, Divides Crypto Community Over Regulatory Provisions
The FIT21 Act, aiming to regulate digital assets via the CFTC, faces support and resistance, with its future hinged on Senate approval and elections.
FIT21
US House of Representatives Approve FIT21 Bill with Strong Bipartisan Support
U.S. House passes #FIT21, aiming for clearer #cryptoregulation with 279 votes for and 136 against. The bill now heads to the #Senate. #FIT21 #CryptoLaw
SEC’s Chair Gary Gensler Opposes FIT21 Bill for Weakening Securities Laws
#SEC Chair Gensler criticizes #FIT21 bill for its potential to harm investors and weaken market oversight by creating regulatory gaps. #CryptoLaw #ChairGensler
