Odaily Planet Daily News, a16z partner Chris Dixon wrote on the X platform: "In the next two weeks, the House of Representatives will vote on the most important crypto legislation to date, the 21st Century Financial Innovation and Technology Act (FIT21). We have long called for clear regulation to protect consumers and innovation, and the FIT21 Act will do this. Americans have accepted digital assets, but current regulatory approaches often limit innovation and privacy without truly addressing the solutions needed to protect consumers or combat illegal activities. FIT21 will help eliminate scams, ensure supervision of cryptocurrency exchanges, and protect American consumers by imposing strict rules on cryptocurrency transactions. FIT21 has bipartisan support because it addresses these issues. I encourage everyone who believes in the power of blockchain technology to support this legislation. The best way is to contact your local representatives and tell them to support FIT21."