U.S. House Republicans Introduce Crypto Oversight Bill to Protect Investors

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U.S. House Republicans Introduce Crypto Oversight Bill to Protect Investors
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U.S. House Republicans introduced a new digital assets oversight bill on Thursday that aims to establish a regulatory framework to protect crypto investors. By Aoyon_A

U.S. House Republicans introduced a new digital assets oversight bill on Thursday that aims to establish a regulatory framework to protect investors in the crypto sector.

“Today's introduction of the Financial Innovation and Technology for the 21st Century Act marks a significant milestone in the House Committees on Agriculture and Financial Services efforts to establish a much-needed regulatory framework that protects consumers and investors and fosters American leadership in the digital asset space,” said Chairman of the House Committee on Agriculture Rep.

“The crypto industry wants clarity and our collaborative bill gives both the CFTC and SEC a seat at the table. Our bill establishes clear principles to ensure financial security and certainty as digital asset developers continue to innovate,” said Dusty Johnson in the statement.

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