🚀 House Republicans introduce the Financial Innovation and Technology for the 21st Century Act (FIT21)!**
This bill aims to bring clarity to #DigitalAssets regulation by defining roles for the CFTC & SEC, setting decentralization criteria, and proposing a framework for stablecoins.
✅ Industry leaders like Circle CEO Jeremy Allaire support it for U.S. competitiveness.
⚠️ Some Democrats raise concerns over potential risks to investor protections.
📅 The House Agriculture Committee will hold a key hearing on June 6. Stay tuned!