- A new position strongly supportive of cryptocurrencies from #Repfrenchhill:

- We believe that the bill we have written to create a regulatory framework for digital assets will bring clarity to the American market and make us a leader in global financial technology.

- The #FIT21 Act is the Financial Innovation Technology Act for the 21st century: a step towards restoring American leadership in digital finance after years of regulatory sabotage under Biden. By establishing clear rules for innovation, the law dismantles the 'regulation' enforced by the U.S. Securities and Exchange Commission that has pushed cryptocurrency development overseas. The overwhelming bipartisan majority approval of the bill by the House proves that even Democrats recognize that their party's previous hostility has stifled the trillion-dollar industry.

- True leadership requires more than just funding. Under the Trump administration's executive order, the U.S. Federal Reserve enabled cryptocurrencies to allow America to dominate this field by empowering the private sector, not through bureaucratic overreach.

- The bill complements this vision rather than constraining it, by preventing future administrations from stifling innovation through endless compliance hurdles.