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CoinDesk Podcast Network
FIRST MOVER: What's Next for FIT21?
May 24, 2024
CoinDesk's Nikhilesh De discusses the FIT21 bill approved by US House, Democratic support, and next steps. Topics include legislative challenges, bipartisan support in Senate, and impact of crypto enthusiasts on upcoming election.
07:15
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Quick takeaways
- The FIT21 bill may face challenges in the Senate due to lack of equivalent bill and minimal engagement, delaying its enactment into law.
- Bipartisan support from Democrats and Republicans signals a unique wave of political backing for crypto legislation, highlighting unexpected unity in the political landscape.
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