The full U.S. House of Representatives is scheduled to vote next week on a market structure bill called (FIT21), which includes new provisions, including norms on when cryptocurrencies should be considered securities. The House already has a group of pro-cryptocurrency representatives, and (FIT21) is likely to pass the House smoothly, but it will face hurdles in the upper chamber.
The Financial Innovation and Technology for the 21st Century (FIT21) Act aims to provide a clear regulatory framework for digital assets and address long-standing market regulation and consumer protection issues.
The U.S. House of Representatives is expected to vote on the market structure bill next week
2024-05-15 13:42:16
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