The former Chair of the Commodity Futures Trading Commission (CFTC) reportedly says that Senator Elizabeth Warren and her anti-crypto agenda are losing their battle. In a new interview with Forbes, former CFTC Chairman Christopher Giancarlo reveals that he’s bullish on the future of digital assets and says that the anti-crypto wing is a “shrinking iceberg.”
There is no doubt that the bipartisan passage of the Financial Innovation and Technology for the 21st Century Act (FIT21) by the House is a monumental development for the U.S. crypto industry, bringing much-needed regulatory clarity within sight. However, despite its good intentions, FIT21 is fundamentally flawed from a market structure perspective and introduces issues
A bill said to provide consumer protections and regulatory certainty around digital assets was passed by the U.S. House of Representatives on Wednesday (May 22). The Financial Innovation and Technology for the 21st Century (FIT21) Act (H.R. 4763) was approved with broad, bipartisan support, the House Financial Services Committee (HFSC) said in a Wednesday press release. The bill passed by a vote