US House Agriculture Committee passes pro-crypto bill
The U.S. House Committee on Agriculture has approved the Financial Innovation and Technology for the 21st Century Act. Better known as FIT for the 21st Century, the bill is designed to establish a comprehensive regulatory framework for digital assets. It is the product of the House Agriculture Committee and the House Financial Services Committee and was passed due to bipartisan efforts of Republicans and pro-crypto Democrats. This Thursday, the Committee will markup H.R. 4763, the Financial Innovation and Technology for the 21st Century Act. This bill aims to close regulatory gaps, protect consumers, and ensure U.S. leadership in financial & technological innovation. # crypto https://t.co/WlpzUciahK — House Committee on Agriculture (@HouseAgGOP) July 24, 2023 The bill’s passage by the Agriculture Committee comes a day after the Financial Services Committee gave its own approval, laying the groundwork to better define the status of crypto currencies in the eyes of the l...