In a bipartisan vote (279-136), on May 22, 2024, the U.S. House of Representatives passed H.R. 4763, the "Financial Innovation and Technology for the 21st Century Act" (FIT21), marking a significant milestone for the digital asset industry. While FIT21's future remains uncertain, this long-awaited market structure legislation would provide significant clarity for the digital asset regulatory landscape.
Watch the video to learn about FIT21's key concepts and provisions.
ADDITIONAL RESOURCES
SEC Chair Gensler's statement opposing the legislation
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