📰🇺🇸US House Passes Landmark Crypto Bill:
The US House has passed the Financial Innovation and Technology for the 21st Century Act (FIT21), establishing a clear legal framework for digital assets. Key changes include shifting oversight from the SEC to the CFTC and differentiating cryptocurrencies based on decentralization. The bill passed with a bipartisan vote of 279-136. While the crypto industry celebrates, SEC Chair Gary Gensler warns of investor risks. The bill now heads to the Senate for further review.
