Digital Assets on the Rise: US Law Aims to Ensure Safety and Innovation
FIT21: The New Law that’s Shaping the Future of Digital Finance in the US
According to Fortune, The United States is moving into a new digital age, with more and more people using digital money and assets. A new law, called FIT21, has already passed the House of Representatives. It aims to help people feel safe when using digital assets, encourage innovation, and keep the US in a leading position in the digital world.
The law will make sure that people’s money is safe by separating it from big institutions, providing clear information about risks, and making sure that companies don’t do anything bad. It will also make it harder for bad people to use digital assets to do harm. Additionally, the law will help companies innovate and grow by making it clear what they need to do to succeed.
The Future of Digital Finance: Senate Must Act Quickly to Pass FIT21
Now it’s up to the Senate to pass this law. If they do, it will give people confidence in the digital asset market and keep the US at the forefront of innovation. The Senate should act quickly to pass FIT21 and make sure that people can use digital assets safely and securely.