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Crypto Industry Scores Major Win as U.S. House Passes FIT21 Bill


May, 23, 2024
< 1 min read
by CoinEdition
Crypto Industry Scores Major Win as U.S. House Passes FIT21 Bill
  • US House passes landmark crypto bill, FIT21, marking industry victory.
  • Coinbase co-founder highlights growing influence of young crypto supporters.
  • Coinbase CEO Brian Armstrong acknowledges the House’s efforts to bring regulatory clarity to the industry.

The U.S. House of Representatives passed the Financial Innovation and Technology for the 21st Century Act, also known as FIT21, marking a significant victory for the crypto industry in the United States. The Republican-led bill was approved by a vote of 279-136, with notable support from Democrats.

Fred Ehrsam, the co-founder of Coinbase, reacted to the historic development in the US crypto market on X, highlighting the potential of the crypto industry and the influence of its young supporters.

According to his assertions, about 30% of crypto ownership lies among citizens aged 18-45. He added …

The post Crypto Industry Scores Major Win as U.S. House Passes FIT21 Bill appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Crypto Funding Has Suparssed $100B Amid Mixed Results

Crypto Funding Has Suparssed $100B Amid Mixed Results

Crypto startups have hauled over $101 billion since 2014. VC deals and token sales re...
Jun, 16, 2024
< 1 min read
by CoinEdition
Will Bitcoin’s price bear the brunt of Mt. Gox’s repayment plan?

Will Bitcoin’s price bear the brunt of Mt. Gox’s repayment plan?

The following is a guest post by Nischal Shetty, co-founder and President at Shardeum...
Jun, 16, 2024
4 min read
by CryptoSlate
MainNewsCrypto Indus...

Crypto Industry Scores Major Win as U.S. House Passes FIT21 Bill


May, 23, 2024
< 1 min read
by CoinEdition
Crypto Industry Scores Major Win as U.S. House Passes FIT21 Bill
  • US House passes landmark crypto bill, FIT21, marking industry victory.
  • Coinbase co-founder highlights growing influence of young crypto supporters.
  • Coinbase CEO Brian Armstrong acknowledges the House’s efforts to bring regulatory clarity to the industry.

The U.S. House of Representatives passed the Financial Innovation and Technology for the 21st Century Act, also known as FIT21, marking a significant victory for the crypto industry in the United States. The Republican-led bill was approved by a vote of 279-136, with notable support from Democrats.

Fred Ehrsam, the co-founder of Coinbase, reacted to the historic development in the US crypto market on X, highlighting the potential of the crypto industry and the influence of its young supporters.

According to his assertions, about 30% of crypto ownership lies among citizens aged 18-45. He added …

The post Crypto Industry Scores Major Win as U.S. House Passes FIT21 Bill appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Crypto Funding Has Suparssed $100B Amid Mixed Results

Crypto Funding Has Suparssed $100B Amid Mixed Results

Crypto startups have hauled over $101 billion since 2014. VC deals and token sales re...
Jun, 16, 2024
< 1 min read
by CoinEdition
Will Bitcoin’s price bear the brunt of Mt. Gox’s repayment plan?

Will Bitcoin’s price bear the brunt of Mt. Gox’s repayment plan?

The following is a guest post by Nischal Shetty, co-founder and President at Shardeum...
Jun, 16, 2024
4 min read
by CryptoSlate