48 min listen
1180. New Crypto Legislation Introduced!? F.I.T. For The 21st Century Act [FULL BREAKDOWN]
1180. New Crypto Legislation Introduced!? F.I.T. For The 21st Century Act [FULL BREAKDOWN]
ratings:
Length:
10 minutes
Released:
Jul 26, 2023
Format:
Podcast episode
Description
The "Financial Innovation and Technology for the 21st Century Act," a 212-page bill, aims to create a crucial regulatory framework for the digital asset sector. It seeks to introduce new regulations for digital asset exchanges and provide clear guidelines for the roles of the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission in overseeing cryptocurrencies. The comprehensive bill has garnered support from influential members, including Rep. Glenn Thompson (R-Pa.), Chair of the House Agriculture Committee. Rep. French Hill (R-Ark.) and Rep. Dusty Johnson (R-S.D.) are co-sponsors. FULL BILL ➜ https://agriculture.house.gov/uploadedfiles/fit_for_the_21st_century_act_of_2023.pdf
Released:
Jul 26, 2023
Format:
Podcast episode
Titles in the series (100)
574. XRP vs. SEC Update | with Lawyer John Deaton: The XRP case is being closely watched by attorneys in the crypto space, as regulators continue to grapple with how to regulate the asset class. The SEC has sued some digital token issuers for selling unlicensed securities, while other assets such as... by Tech Path Crypto Investing