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Blockchains are (finally) gaining legitimacy in the U.S. political realm:
- ETH ETF - SEC approved, awaiting listings
- SAB 121 - Congress passed, awaiting President's signature
- FIT 21 - House passed, awaiting Senate vote
Read more about the FIT21 below, check the top comment for how to help
The House of Representatives made history today by passing the Financial Innovation and Technology for the 21st Century Act (FIT21). FIT21’s success is proof that protecting blockchain technology in the U.S. has strong, bipartisan support.
It’s an important step in providing long-awaited regulatory clarity for crypto, protecting U.S. consumers, and promoting American innovation. It’s also a big step for holding bad actors accountable, which is good for everyone.
There’s more work to be done, as the bill moves to the Senate, I ask everyone who believes in the future of blockchain technology to continue calling for responsible crypto regulation. Post on social media, reach out to your senators, and share your voice.
For more on how to support: https://lnkd.in/gPRj5-BR
🇺🇸🗳️ As we head into another important election season in the USA,
it’s crucial to vote with the future of innovation in mind! 🚀💡
When casting your ballot this year, consider candidates who support a #crypto-friendly environment that fosters growth and adoption. 🏛️🔗
https://lnkd.in/e4_wk3dE
Check out this comprehensive guide to help you identify which politicians are standing with crypto: 📊🔍
#StandWithCrypto#Blockchain#VoteSmart#USA#Cardano $ADA
Crypto has been one of the most assymetric bets over the past 2-3 years.
The technology is transformative and arguably replatforms much of the internet and payment rails.
Unfortunately the lack of appetite to innovate regulation has led to bad actors extracting value and trust from industry participants. This saw a flood of capital and users leave. It saw regulators in the US overreact and overstep. Meanwhile the builders kept building. Other nations recognised the opportunity and root cause of issues. The UAE via VARA implemented policies to guide responsible development and created strong incentives for builders to migrate there.
While builders built, and regulators threatened, the institutions bought - at depressed prices. They bought knowing ETFs were coming. They needed supply and were able to accumulate at prices / volume retail couldn’t (banks limited on-ramping) Now they have filled their pockets with BTC and Ether, wrapped them up as ETFs and selling them back to retail - the regulatory environment is course correcting.
Some might say 20:20 hindsight but this is nothing more than an obvious outcome. Opportunity presented amidst much fear, uncertainty and doubt. Crypto is a legitimate industry. I hope many of your capitalised on this opportunity.
The House of Representatives made history today by passing the Financial Innovation and Technology for the 21st Century Act (FIT21). FIT21’s success is proof that protecting blockchain technology in the U.S. has strong, bipartisan support.
It’s an important step in providing long-awaited regulatory clarity for crypto, protecting U.S. consumers, and promoting American innovation. It’s also a big step for holding bad actors accountable, which is good for everyone.
There’s more work to be done, as the bill moves to the Senate, I ask everyone who believes in the future of blockchain technology to continue calling for responsible crypto regulation. Post on social media, reach out to your senators, and share your voice.
For more on how to support: https://lnkd.in/gPRj5-BR
The House of Representatives made history today by passing the Financial Innovation and Technology for the 21st Century Act (FIT21). FIT21’s success is proof that protecting blockchain technology in the U.S. has strong, bipartisan support.
It’s an important step in providing long-awaited regulatory clarity for crypto, protecting U.S. consumers, and promoting American innovation. It’s also a big step for holding bad actors accountable, which is good for everyone.
There’s more work to be done, as the bill moves to the Senate, I ask everyone who believes in the future of blockchain technology to continue calling for responsible crypto regulation. Post on social media, reach out to your senators, and share your voice.
For more on how to support: https://lnkd.in/gPRj5-BR
🚨 Big news! The House of Representatives has passed the Financial Innovation and Technology for the 21st Century Act (FIT21) 🎉, a major win for blockchain technology with strong bipartisan support. This is a significant step towards regulatory clarity, consumer protection, and innovation in the U.S. 🇺🇸
As FIT21 moves to the Senate, let's keep advocating for responsible crypto regulation. Check out Chris Dixon post for more details.
On a side note, it's worth noting that Trump now accepts crypto donations 🪙, adding to the increasing prominence of crypto and digital assets in the U.S. political and economic landscape.
Additionally, other jurisdictions are following suit by allowing BTC and ETH ETFs around the world 🌍. Following the lead of the EU, Switzerland, and Hong Kong, WisdomTree has received the green light to list Bitcoin and Ether ETPs on the London Stock Exchange, further indicating the global shift towards embracing digital assets.
Read about the 3 most important US crypto decisions in my post here: https://lnkd.in/drjsVRZj
More info: https://lnkd.in/dKkfXTVh
The House of Representatives made history today by passing the Financial Innovation and Technology for the 21st Century Act (FIT21). FIT21’s success is proof that protecting blockchain technology in the U.S. has strong, bipartisan support.
It’s an important step in providing long-awaited regulatory clarity for crypto, protecting U.S. consumers, and promoting American innovation. It’s also a big step for holding bad actors accountable, which is good for everyone.
There’s more work to be done, as the bill moves to the Senate, I ask everyone who believes in the future of blockchain technology to continue calling for responsible crypto regulation. Post on social media, reach out to your senators, and share your voice.
For more on how to support: https://lnkd.in/gPRj5-BR
The seven deadly sins of crypto privacy - CryptoSlate: Navigating the pitfalls of crypto privacy tools reveals essential insights for secure online financial activity.
In the next two weeks, the House of Representatives will vote on the most important piece of crypto legislation to date: FIT21. We’ve long called for regulatory clarity that protects consumers and innovation and the FIT21 Act will do just that.
Americans have embraced digital assets, but the current regulatory approach too often limits innovation and privacy without actually addressing the solutions needed to protect consumers or tackle illicit activity.
FIT21 will help stamp out scams, ensure oversight of crypto exchanges, and protect American consumers by implementing strict rules on crypto trading. FIT21 has bipartisan support because it tackles these issues.
I encourage everyone who believes in the power of blockchain technology to support this legislation. The best thing to do is get in touch with your local representative and tell them to support FIT21.
Stand With Crypto offers helpful resources to find and contact your local representative here:
We are proud to share the latest blog post on CoinNET, detailing Edward Snowden's recent warning to Bitcoin developers. In light of increased privacy restrictions in the US, Snowden emphasizes the urgent need for privacy features to be integrated at the protocol level. Explore the full article for insights into the privacy concerns within the crypto economy and Snowden's powerful call to action. Read more at https://ift.tt/GXykFJ6.
