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The US House of Representatives has approved a sweeping bill to regulate crypto markets. Passed by a vote of 279-136, the Financial Innovation and Technology for the 21st Century Act (FIT21) became the crypto industry's most significant legislative achievement in Congress. 🎉 This is the first time a major crypto bill has passed one of the chambers of Congress. The issue now goes to the US Senate. However, its future there is uncertain because there is no matching bill. 😕 The US has lagged behind other global jurisdictions when it comes to crypto regulations. What are your thoughts? Let's discuss in the comments!#CryptoRegulations#USLaws

The US House of Representatives has approved a sweeping bill to regulate crypto markets. Passed by a vote of 279-136, the Financial Innovation and Technology for the 21st Century Act (FIT21) became the crypto industry's most significant legislative achievement in Congress. 🎉 This is the first time a major crypto bill has passed one of the chambers of Congress. The issue now goes to the US Senate. However, its future there is uncertain because there is no matching bill. 😕 The US has lagged behind other global jurisdictions when it comes to crypto regulations. What are your thoughts? Let's discuss in the comments!#CryptoRegulations#USLaws

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