FIT21 Bill Advances: Congress Moves Closer to Clarifying Crypto Regulations

Is FIT21 really the legislation the crypto industry needs?

While many in the industry cheered the passage of the Financial Innovation and Technology for the 21st Century Act (FIT21), many others raised criticisms and concerns.

Decoding the FIT 21 Bill: The Five-Prong Decentralization Test

Learn how the FIT 21 bill’s decentralization test defines digital commodities, crucial for protocols aiming to decentralize.

U.S. House Passes Crypto FIT21 Bill with Strong Democratic Backing

The U.S. House approved the FIT21 Act, marking a historic step in digital asset regulation, but its future in the Senate remains uncertain.

US House of Representatives Passes FIT21 Cryptocurrency Bill: What’s Next?

The cryptocurrency regulation bill faces bleak prospects in the Senate, with no companion bill and facing criticism from one of the country’s most prominent cryptocurrency critics.

US House Passes FIT21 Bill for Clearer Crypto Regulation

US House passes FIT21 bill, providing clarity on crypto regulations. Industry lauds bipartisan effort for consumer protection.

Why is the FIT21 cryptocurrency bill a watershed moment for the industry?

The regulatory environment for digital assets in the U.S. has long been difficult to maintain. Blockchain Association CEO Kristin Smith wrote that FIT21 represents an important step in the right direction.

A quick overview of the main contents of the latest US encryption bill FIT21

The legislation gives the U.S. CFTC new jurisdiction over digital commodities and clarifies the U.S. SEC’s jurisdiction over digital assets offered as part of investment contracts.

Advocates Fear Another New York With California Crypto Bill Passage

SEC Chairman Worries Crypto Bill Will Undermine Financial Protections

A provision of the crypto bill delegated oversight of some cryptocurrencies to the U.S. Commodity Futures Trading Commission (CFTC), and the CFTC chief said they were concerned about "vigorous regulation of the market."

Russian Finance Ministry Opens Public Comment Period for Crypto Bill

The Treasury Department is seeking industry and public input on how to regulate digital assets by March 18.