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Today, Thursday, 05/23\n 03:29\nSelected: The US SEC and the White House Oppose the FIT21 Cryptocurrency Bill\nGolden Finance reported that the bill on the "21st Century Financial Innovation and Technology Act" (FIT21) is expected to be voted on by Congress today. This is a bipartisan bill that is opposed by some Democrats, the White House, and the US Securities and Exchange Commission (SEC). The main progress of this bill is to recognize that certain digital assets should not be regulated as securities. At the same time, the bill also has some shortcomings that may require more work. The White House issued a statement stating, "The government is eager to work with Congress to ensure a comprehensive and balanced regulatory framework for digital assets on the basis of existing regulatory agencies. This will promote the responsible development of digital assets and payment innovation, and help strengthen the regulation of digital assets."
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