FIT21 Crypto Bill Gains Momentum—McHenry Predicts Democrat Backing Soon

BTCC / BTCC Square / CryptotimesIO /

Author:

Release Time:

2025-05-17 12:21:05

Soon More Democrats Will Join FIT21 Crypto Bill: Patrick McHenry

Washington’s crypto cold war may be thawing. House Financial Services Chair Patrick McHenry claims bipartisan support for the FIT21 bill is growing—with more Democrats expected to jump aboard the regulatory framework train.

Why it matters: The bill could finally give crypto exchanges legal clarity instead of playing whack-a-mole with SEC lawsuits. Of course, politicians love frameworks almost as much as they love fundraising from industries they’re ’regulating.’

Behind the scenes: McHenry’s confidence suggests backroom deals are already cut. Watch for last-minute amendments watering down consumer protections—Wall Street always gets its pound of flesh.

By:

Log in to Reply

Crypto Whale Gobbles 1.79 Trillion PEPE—Is a Memecoin Melt-Up Next?

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.