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Blockchain by FinTech Collective

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Crypto lobby wins: House passes FIT21 as democrats deride historic regulatory framework

Establishing jurisdiction between U.S. regulatory agencies, the bill seeks to develop a clear framework for crypto regulation.

 

"They've created an impossible situation where the same firms are subject to competing and contradictory enforcement actions by the two different agencies, leaving consumers behind, leaving innovators behind," he continued. "FIT21 fixes this."

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regulation, crypto