House Passes Landmark Crypto Regulation Bill Despite SEC Concerns
TL;DR
The U.S. House of Representatives passed the Financial Innovation and Technology for the 21st Century Act, a bill aimed at creating a new legal framework for digital currencies, despite warnings from SEC Chair Gary Gensler that it could introduce new financial risks and regulatory gaps. The bill, which passed with bipartisan support, is intended to provide regulatory clarity and promote industry growth, but faces uncertainty in the Senate.
- US House passes crypto bill despite warnings from SEC Reuters
- House Passes Financial Innovation and Technology for the 21st Century Act with Overwhelming Bipartisan Support House Financial Services Committee
- House passes bill outlining new framework for crypto regulation despite SEC pushback The Hill
- House passes major crypto legislation Axios
- Comprehensive crypto bill, Kenyan president's visit grab spotlight on Capitol Hill POLITICO
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