On This 'Historic Day,' House Approves Landmark Cryptocurrency Legislation

Quick Summary:

House of Representatives has approved the Financial Innovation and Technology for the 21st Century (FIT21) Act for the regulation of crypto assets despite opposition from President Joe Biden and SEC Chair Gary Gensler.

This landmark legislation secured a bipartisan approval with a vote of 279 to 136.

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Article Details

Author / Journalist: Kevin Helms

Category: Crypto

Markets: Japan

Topics: Financial innovation President joe biden Regulation U.S. House of Representatives Regulatory framework Crypto FIT21 Gary Gensler Cryptocurrency SEC

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-22 @ 22:38:05 (3 weeks ago)

News Timezone: GMT +8:00

News Source URL: news.bitcoin.com

Language: English

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoin News

News ID: 21061213

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About Bitcoin News

Main Topics: Crypto

Official Website: news.bitcoin.com

Update Frequency: 13 posts per day

Year Established: 2008

Headquarters: Japan

News Last Updated: 10 hours ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #62

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