U.S. Representative Tom Emmer, a staunch advocate for cryptocurrencies, has expressed optimism about the industry's prospects and predicted that the 21st Century Financial Innovation and Technology Act (FIT21) could pass this year, paving the way for crypto's classification as a commodity. Emmer made these remarks during an event hosted by Messari, a crypto data analytics firm, where he highlighted the bipartisan support for FIT21, which has already passed the House and is currently under consideration by the Senate. "The FIT21 bill has strong bipartisan support, and we anticipate it moving forward either during the lame-duck session or early next year," Emmer stated. FIT21's passage would provide much-needed clarity and regulatory certainty to the crypto industry, a move that is widely expected to boost adoption and innovation within the space.