Punchbowl: The White House Will Not Issue a Veto Threat Against the FIT21 Crypto Bill
PANews reported on May 22 that Brendan Pedersen, a writer for Punchbowl News, stated that the White House will not issue a veto threat against the "FIT for the 21st Century Act," which aims to comprehensively reform the crypto market structure and will be voted on today. Although the White House expressed some "concerns" about the bill, the lack of a veto threat is a significant victory for crypto supporters on Capitol Hill.
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a16z's detailed explanation of the FIT21 Act: Why it helps the crypto industry develop
Interpreting the shift in the Democratic Party's crypto policy: Voting to overturn SAB 121, signaling a positive outlook for Ethereum ETFs
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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