House Passes Landmark Crypto Regulation Bill
TL;DR Summary
The U.S. House of Representatives approved the Financial Innovation and Technology for the 21st Century Act (FIT21) with a 279-136 vote, marking a significant legislative win for the crypto industry. The bill, which saw strong Democratic support, aims to establish regulations for digital asset markets and designates the Commodity Futures Trading Commission (CFTC) as a key regulator. The bill now moves to the Senate, where its future is uncertain.
- U.S. House Approves Crypto FIT21 Bill With Wave of Democratic Support CoinDesk
- House votes to make CFTC main crypto regulator, a win for the industry The Washington Post
- House passes bill outlining new framework for crypto regulation despite SEC pushback The Hill
- The House prepares for a historic crypto vote as the political tides shift Fortune
- Comprehensive crypto bill, Kenyan president's visit grab spotlight on Capitol Hill POLITICO
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