Is The Bill "Financial Innovation and Technology for the 21st Century Act" Crypto Friendly?
Description:
To provide for a system of regulation of digital assets by the Commodity Futures Trading Commission and the Securities and Exchange Commission, and for other purposes.
Date Introduced:
2023-07-20
Status:
Introduced and Sponsored
Stance on Crypto:
Very Pro-Crypto
Links:
Primary Analysis:
Primary Analysis:
"While not yet perfect, the FIT Act is the most comprehensive piece of legislation for the digital assets industry voted on by our elected officials, and marks the first time crypto-focused regulatory bills have been voted out of any committee in the House or Senate."
Kristin Smith
CEO of the Blockchain Association
Congress members who support this bill
Additional Analysis
No additional analysis for this bill yet