FIT21, Regulation Changes of Digital Assets, Passes House

Rep. Patrick McHenry

Changes for regulation of the cryptocurrency industry passed in the U.S. House of Representatives on Wednesday afternoon in legislation opposed by the White House.

Lawmakers voted 279-136, moving the Financial Innovation and Technology for the 21st Century Act – known colloquially as FIT21 – forward. Seventy-one Democrats were among those in favor.

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