In a significant move for the digital asset ecosystem, the House Financial Services Committee passed the ‘FIT for the 21st Century Act,’ officially titled the “Financial Innovation and Technology for the 21st Century Act” on July 26. Quick Take The bill, sponsored by Rep. French Hill, sets up rules for issuing and trading digital assets. […]

The post Landmark crypto legislation defines SEC, CFTC jurisdiction on digital assets, commodities appeared first on CryptoSlate.