The House Committee on Rules announced on Friday that it would consider reviewing the Financial Innovation and Technology for the 21st Century Act (FIT21) to provide better regulations for digital assets.
The House Committee on Rules publicly announced intentions to address digital asset regulatory issues. Financial Innovation and Technology for the 21st Century Act would be reviewed to better address the state of digital assets. Billionaire Mark Cuban says that crypto is the way to win the votes of younger and independent Americans.
FIT21 straightforwardly and concisely outlines federal regulations on digital asset markets. It offers strong consumer safeguards and regulatory clarity required for the US digital asset ecosystem to prosper. Read more:Donald Trump’s pro-crypto endorsement helped meme coins pump this week Patrick McHenry, House Financial Services Chairman, stated in an X post, FIT21 will cement American leadership of the global financial system and bolster our role as an international hub for innovation.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
House Homeland Security Committee Chairman Introduces VALID Act to Ensure Proper Identification for ImmigrantsHouse Homeland Security Committee Chairman Mark Green will debut the Verifying that All Illegal Aliens Have Legitimate Documents, or VALID, Act to require illegal immigrants to show proper identification when traveling to the United States.
Read more »
House committee investigating Northwestern University's response to antisemitism on campusThe Republican chair of the House Committee on Education and the Workforce has accused Northwestern University of a 'persistent failure in addressing antisemitism.'
Read more »
House Education Committee chair demands answers after Northwestern University caves to anti-Israel agitatorsHouse Education and Workforce Committee chairwoman Rep. Virginia Foxx, R-N.C., sent a letter to Northwestern University leaders demanding answers on the school's response to antisemitism.
Read more »
House committee asks Microsoft's Brad Smith to attend hearing on security lapsesMicrosoft has been facing pressure after Chinese hackers breached Commerce Secretary Gina Raimondo's email account. Congress wants to get involved.
Read more »
House Republicans invite Nathan Wade to 'interview' with Judiciary committee regarding Trump election caseHouse Republicans are calling on Georgia prosecutor Nathan Wade to submit to a recorded interview with the House Judiciary Committee.
Read more »
F1 News: Andretti Rejection Leads To Investigation From House Judiciary CommitteeThe investigation by the House Judiciary Committee into Andretti Global's rejected F1 bid highlights significant concerns over anti-competitive practices.
Read more »