Cryptographic Act FIT21 Event Tracking
What impact and influence will the passage of the cryptocurrency bill FIT21 have on the cryptocurrency industry?
14:14 A Republican congressman urges the Senate to pass the FIT21 cryptocurrency bill before the election
ChainCatcher news, outgoing Republican Congressman Patrick McHenry is pressuring the Senate to pass the FIT21 cryptocurrency regulation bill before the November presidential election. Patrick McHenry stated that the broad positive vote in the House of Representatives for the FIT21 cryptocurrency regulation bill should serve as a "wake-up call" for the Senate, urging it to pass the bill swiftly.
08:52 Interpreting the FIT21 Act: Impact on the Next Decade of the Crypto World
This article mainly interprets how digital assets are defined in the regulatory framework proposed by FIT21, as well as the boundaries between commodities and securities.
22:53 About 50 organizations and companies, including Coinbase and Kraken, sent a letter to the Speaker of the U.S. House of Representatives in support of the FIT21 bill
ChainCatcher News, the U.S. House of Representatives is set to vote on the "Financial Innovation and Technology for the 21st Century Act" (FIT21 Act) next week. Approximately 50 digital asset organizations and companies, including Coinbase, Kraken, Andreessen Horowitz, DCG, and others, have sent a letter to House Speaker Mike Johnson through the Cryptocurrency Innovation Committee, urging the smooth passage of the bill.The letter states: "By passing this legislation, the United States can accelerate the development of blockchain technology and digital assets, promote financial inclusion, and protect national security, which is crucial for maintaining America's leading position in financial innovation."
