๐๐Crypto enthusiasts, rejoice! The House has passed the FIT21 Act, a major win for our industry. This is the furthest any crypto-focused legislation has made it in the U.S. so far. ๐๐
While some folks are worried about the bill increasing the CFTC's oversight of crypto, others see it as a turning point for crypto in the U.S. ๐ง๐ง
But wait, there's a twist! Some crypto legal experts think we're being psyopped with this FIT21 thing. They argue it's just a way for the government to sanction what the industry has been doing without permission. ๐ฑ๐ฑ
And then there's Maxine Waters, who thinks it's one of the worst bills she's ever seen. She says the CFTC doesn't get enough authority to regulate crypto in this bill. ๐ค๐ค
But hey, many in the crypto industry see the bipartisan vote as a symbolic vote for crypto itself, a sign of a better future. So maybe this is one psyop worth celebrating? ๐ฅณ๐ฅณ
What do you think? Share your thoughts in the comments! Let's get this crypto conversation started! ๐ฃ๐ฃ #CryptoNews #FIT21Act #DeFi #Web3