The U.S. Home of Representatives made historical past on Wednesday by passing the Monetary Innovation and Know-how for the twenty first Century Act (FIT21) with a vote of 279 to 136. The Republicans led this landmark invoice, representing the primary complete laws to manage the crypto market. Speaker Nancy Pelosi and 71 different Democrats supported the invoice. As well as, the significance of the invoice was highlighted by Pelosi, who claimed it as a basis for accountable innovation. She additionally underlined the necessity for additional enhancements to guard the customers and buyers.