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VisitHouse Passes FIT21 Act 279-136 with 71 Democrats in Favor
May 22, 2024, 07:56 PM
The U.S. House of Representatives has passed the Financial Innovation and Technology for the 21st Century Act (FIT21), also known as HR4763, with a vote of 279-136, including support from 71 Democrats. This bipartisan legislation aims to provide a comprehensive regulatory framework for digital assets, delineating responsibilities between the SEC and CFTC. The bill is seen as a significant step towards protecting consumers, fostering innovation, and ensuring the U.S. remains a leader in blockchain technology. The FIT21 Act, voted on the House floor slightly after 4:30PM, will now advance to the Senate for further consideration.
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Passed with amendments • 33%
Passed without amendments • 33%
Rejected • 33%
Passed • 33%
Rejected • 33%
No vote • 33%
Passed with no amendments • 25%
Passed with amendments • 25%
Rejected • 25%
Deferred or unresolved • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
0-10 • 25%
More than 30 • 25%
21-30 • 25%
11-20 • 25%
No Significant Change • 34%
Increase in Volatility • 33%
Decrease in Volatility • 33%