đThe Financial Innovation and Technology for the 21st Century Act (FIT21) could be a long journey, says Summer Mersinger, CFTC Commissioner, at the 2024 Consensus event. The bill, clarifying regulatory responsibilities for digital assets, has passed the House and is now Senate-bound.đïž But don't pop the champagne yet! đŸ Rulemaking is a "slow, slow process," warns Mersinger. Even after the President signs it into law, drafting regulations and public comment periods could take months or years. đŽ So, what are your thoughts on this regulatory marathon? Comment below!đ