The bill on the Financial Innovation and Technology Act for the 21st Century (FIT21) should get a vote in Congress today. This is a bipartisan bill that some Democrats, the White House, and the U.S. Securities and Exchange Commission (SEC) all oppose. The main progress of the bill is the recognition that certain digital assets should not be regulated as securities. At the same time, the bill also has some flaws and may need more work. The White House issued a statement saying: "The administration is eager to work with Congress to build on existing regulators to ensure a comprehensive and balanced regulatory framework for digital assets, which will promote the responsible development of digital assets and payment innovations and help strengthen digital asset regulation." #opbnb