In a surprising move, the US House of Representatives passed the Financial Innovation and Technology for the 21st Century Act (FIT21) with a decisive 279 to 136 vote. This bill is a big win for the crypto industry, aiming to create much-needed rules for digital assets in the US.
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00:00 Intro
00:18 Sponsor: Tangem
00:58 FIT21 intro
02:21 Maxine Waters intro
03:32 Sherman wanted to ban self-custody
05:21 Greg Casar: Crypto vs S&S 500
05:52 Bitcoin vs Stock Market
07:01 Amendment against crowdfunding
09:09 Greg Casar Amendment FAILS
10:20 Pro-Crypto Democrats
11:15 Nancy Pelosi
11:36 Maxine Closing Argument & FINAL VOTE
12:44 Majority Wins
13:40 Will it pass the Senate & President?
15:50 Prometheum is screwed
17:51 Outro
#Crypto #Bitcoin #ethereum
~Crypto Bill Passes U.S. House With Majority Vote!🚨FIT21 Major Win!!🎉~
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