Odaily Planet Daily News The U.S. House of Representatives Agriculture Committee has passed the "21st Century Financial Innovation and Technology Act". The bill would establish a federal regulatory framework for cryptocurrencies in the United States. Hours after opening debate and voting on the amendment, the House Agriculture Committee passed the bill with a voice vote and sent it to the full House.
Lawmakers debated several amendments to the bill, including provisions on customer disclosure and asset management protections. (CoinDesk)
According to previous reports, the Financial Services Committee of the U.S. House of Representatives voted on Wednesday to approve the Financial Innovation and Technology for the 21st Century Act. The House Financial Services Committee reconvenes on Thursday to debate stablecoin legislation.