House expected to vote on bipartisan crypto market structure bill Wednesday

The House of Representatives is scheduled to vote on a landmark cryptocurrency market structure bill this week. 

The Financial Innovation and Technology for the 21st Century Act, known as the FIT21 Act, is expected to head to the floor for a vote in the House on May 22, according to a person familiar with the matter. 

FIT21 advanced through the House Agriculture and Financial Services Committees last summer before getting the greenlight from the Rules Committee to advance to a vote earlier this month. The bipartisan legislation has 11 co-sponsors, including Democrats Henry Cuellar of Texas, Wiley Nickel of North Carolina and Ritchie Torres of New York. 

The proposed market structure…

Read more on Blockworks

25K Reads