Passage of Financial Innovation and Technology for the 21st Century Act (FIT21) in the Senate remains cloudy as it faces it's biggest opponents, potential changes and no time constrains for consideration

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It could still be months before the 100-member Senate considers FIT21, as there is no time constraint on when senators must act on it. Even if they do, the bill would likely be assigned to a committee for possible rounds of reviews, hearings and markups. If it survives that, then a majority of 51 senators must vote in favor for it to pass.

Even if they do, the bill would likely be assigned to a committee for possible rounds of reviews, hearings and markups. If it survives that, then a majority of 51 senators must vote in favor for it to pass. Parts of FIT21 could change, with House and Senate members meeting to iron out any differences in their versions of the bill. The bill will then go back through Congress for final approval.

The crypto regulation bill is headed to a cloudy future in the Senate with no companion bill and faces one of the country’s most prominent crypto critics.

Its future in the U.S. Senate is unclear, as there is no companion bill, and it faces one of the country’s biggest crypto critics, Senator Elizabeth Warren.

The issue now heads to the U.S. Senate, where its future is much murkier, because there's no counterpart bill. Support for such an effort remains unclear there, and the necessary committees haven't done the same level of work on crypto.

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The crypto regulation bill is headed to a cloudy future in the Senate with no companion bill and faces one of the country’s most prominent crypto critics.

Crypto

Quote

Its future in the U.S. Senate is unclear, as there is no companion bill, and it faces one of the country’s biggest crypto critics, Senator Elizabeth Warren.

Crypto

Quote

The issue now heads to the U.S. Senate, where its future is much murkier, because there's no counterpart bill. Support for such an effort remains unclear there, and the necessary committees haven't done the same level of work on crypto.

Crypto

Quote