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Shifting Tides: Legislative Landscape of Digital Assets
This chapter explores the White House's evolving approach to digital asset legislation, particularly in relation to the FIT21 vote, highlighting a newfound collaboration with Congress. It examines the regulatory roles of the CFTC and SEC, the complexities of jurisdiction, and the need for clarity in overseeing cryptocurrency. Additionally, the discussion touches on the legislative challenges surrounding decentralized finance (DeFi) and reflects on the implications of upcoming elections for future crypto bills.