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H.R.4763 - Financial Innovation and Technology for the 21st Century Act
Financial Innovation and Technology for the 21st Century Act. This bill establishes a regulatory framework for digital assets. The Commodity Futures Trading Commission (CFTC) must regulate a digital asset as a commodity if the blockchain, or digital ledger, on which it runs is functional and decentralized. The bill classifies a blockchain as ...
House to Consider Financial Innovation and Technology for the 21st ...
The FIT for the 21st Century Act is an important first step towards achieving regulatory clarity for digital assets. FIT21 provides the robust, time-tested consumer protections and regulatory certainty necessary to allow the digital asset ecosystem to flourish in the United States.
Statement on the Financial Innovation and Technology for the 21st ...
The Financial Innovation and Technology for the 21st Century Act (“FIT 21”) would create new regulatory gaps and undermine decades of precedent regarding the oversight of investment contracts, putting investors and capital markets at immeasurable risk.
House Passes Financial Innovation and Technology for the 21st Century ...
FIT21 provides the robust, time-tested consumer protections and regulatory certainty necessary to allow digital asset innovation to flourish in the United States. “Today, the House took a historic step by passing FIT21 with broad, bipartisan support,” said Chairman Patrick McHenry (NC-10).
H.R.4763 - Financial Innovation and Technology for the 21st Century Act
AN ACT. To provide for a system of regulation of digital assets by the Commodity Futures Trading Commission and the Securities and Exchange Commission, and for other purposes. Text for H.R.4763 - 118th Congress (2023-2024): Financial Innovation and Technology for the 21st Century Act.
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