House Majority Leader Tom Emmer expressed optimism that the FIT21 crypto market structure bill could become law before the holidays. In an interview, he noted that support for crypto legislation has reached a critical mass. 
FIT21 aims to establish clear regulations for the cryptocurrency market and protect investor rights. If the bill is passed, it would be a significant step forward for the industry, providing legal clarity. 
Emmer emphasized that bipartisan support for the bill increases its chances of successfully passing through <a href="https://ultramining.com/news/en/proposed-30-crypto-mining-tax-dropped-in-debt-ceiling-deal/">Congress</a>. A vote on FIT21 is expected in the coming weeks.

Tom Emmer Predicts Crypto Market Structure Bill FIT21 Could Become Law Before Holidays

Ultramining_Eng

Other articles published on Oct 1, 2024

Analysts Drop Sui (SUI) From 2025 Top Crypto Picks in Favor of This Emerging AI Altcoin

Elon the Manipulator (ELONMAN) Memecoin Will Explode Over 14,000% Before Exchange Listings, While...

FTX Reorganization Receives Overwhelming Creditor’s Support

Top Crypto Gainers Today Oct 01 – WOO Network, Echelon Prime, Fantom, Qtum

Groundbreaking Altcoin Offering Tremendous Value to DeFi Ecosystem; What’s to Come For APT and UNI?

Energy Web Launches AutoGreenCharge Beta App to Decarbonize EV Charging, Secured by Polkadot

Join our free newsletter for daily crypto updates!