๐๐๐Urgent urgent urgent update๐๐๐
๐จ: The US House of Representatives approved the FIT21 cryptocurrency bill with very strong support from House Democrats.
The bill represents the industry's most significant legislative achievement in Congress, and aims to create a clear regulatory framework for digital assets rather than relying on a 90-year-old securities law that was written before the Internet existed.
President Biden opposed the bill with a policy statement, although he did not say he would veto the bill. SEC Chairman Gary Gensler also strongly opposed the bill.
๐๐๐ Any news or information issued by me is not advice, so do not forget to use DYOR
โฅ๏ธ Thank you for Watching my Post โฅ๏ธ
โฅ๏ธYou can support me with tips to provide better contentโฅ๏ธ
