๐ Buckle up, crypto enthusiasts! Former US House Speaker, Nancy Pelosi, might just be jumping on the crypto rocket! Rumor has it she's considering backing the Republican-led crypto bill, FIT21. ๐
This bill aims to clear the foggy skies of crypto regulation, shifting authority from the SEC to the more crypto-friendly CFTC. It's like swapping your strict, old-school teacher for the cool, laid-back substitute. ๐
If Pelosi does back the bill, she'll be going against some key Democrats. But hey, who doesn't love a good political plot twist? ๐ฟ
Critics argue this bill could dismantle decades of financial regulations. But let's be real, who hasn't dreamed of a crypto-friendly regulatory environment?
Crypto industry is all in for FIT21, seeing it as a step towards clarity. So, what do you think? Is this a game-changer or just another political maneuver? Let's hash it out in the comments! #DeFi #Web3 #CryptoNews