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US House of Representatives Set To Vote On Decentralization Bill
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The US House of Representatives will vote on the long-awaited Decentralization Bill, officially titled “The Financial Innovation and Technology for the 21st Century Act” (FIT21) this week. Experts believe this legislation could clarify and streamline cryptocurrency regulation for traders and investors in the US.
The US Decentralization Bill (HR 4763) is expected to be voted on on the House floor this week. Although it faces an uphill battle in the Senate and the possibility of a presidential veto, the effort represents the most important milestone in establishing a comprehensive US regulatory framework for digital assets.
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