Summary
- The US House has reportedly begun the amendment process for the 'FIT21' bill related to the virtual asset market structure.
- French Hill, Chairman of the House Financial Services Committee, stated that technical consultations were held with the SEC and CFTC.
- The House plans to unveil the draft amendment in weeks and hold a hearing on it.
The US House has officially begun the amendment process for the 'FIT21' bill related to the virtual asset market structure.
On the 25th (local time), Eleanor Terrett, host of Crypto in America, reported that French Hill, Chairman of the House Financial Services Committee, stated, "During the Easter holiday, we conducted technical consultations with the industry, the US Securities and Exchange Commission (SEC), and the Commodity Futures Trading Commission (CFTC) to draft an amendment to the FIT21 market structure bill."
The House is expected to unveil the draft amendment of the bill in the coming weeks and hold a hearing on it.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
