The impact of FIT21 on the crypto ecosystem
It is an unstoppable trend that crypto assets are introduced into traditional finance in a compliant manner by Wall Street institutions and attract a wide range of people.
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SEC’s tough stance on crypto continues: Gary Gensler slams ‘FIT 21’ Act
22/05 21:30
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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.
JinseFinanceDecoding 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.
WeiliangU.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.
MiyukiUS 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.
JinseFinanceUS 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.
Xu LinWhy 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.
JinseFinanceA 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.
JinseFinanceUS Senator Introduces 'No Digital Dollar Act'
The bill further states: “No central bank digital currency shall be considered legal tender under section 16 5103 of title 31, United States Code.”
OthersAn article to interpret the impact of the US Stablecoin Act on the development of stablecoins
How will this $150 billion industry evolve?
Cointelegraph