After U.S House of Representatives approved Financial Innovation and Technology for the 21st Century Act (FIT21) it goes to Senate for approval before going to be signed by the President

A bill clarifying the United States securities and commodities regulator’s roles in policing crypto is headed to an unknown future as it makes its way to the Senate before going to President Joe Biden’s desk. The Republican Party-led Financial Innovation and Technology for the 21st Century Act (FIT21), or H.R. 4763, passed a vote in the U.S. House of Representatives on May 22, with 71 Democratic Party representatives and 208 Republicans in favor to 136 against.