According to ChainCatcher, the U.S. House of Representatives is expected to vote on Wednesday to pass comprehensive cryptocurrency legislation with bipartisan support. Some Democrats are urging their colleagues to vote in favor. According to a memo shared by congressional aides, at least eight House Democrats publicly support the 21st Century Financial Innovation and Technology Act (FIT21). The bill is scheduled for full discussion and voting later on Wednesday.
“As Democrats, we see this as an important opportunity to regulate the digital asset markets. This should not be a partisan issue,” the eight lawmakers wrote in an internal memo on Tuesday. The eight lawmakers include Wiley Nickel, Yadira Caraveo, Jim Himes, Jasmine Crockett, Ritchie Torres, Darren Soto, Josh Gottheimer and Don Davis.
