TechFlow news, according to CoinDesk, the U.S. House of Representatives is set to vote on Wednesday, with expectations that the comprehensive cryptocurrency legislation will pass with bipartisan support, as several Democrats urge their colleagues to vote in favor.
At least eight House Democratic members have publicly backed the Financial Innovation and Technology for the 21st Century Act (FIT21), and they may recruit more members, according to a memo shared by congressional aides with CoinDesk. The bill is scheduled for full debate and vote later on Wednesday. "As Democrats, we believe this is a critical opportunity to responsibly regulate digital asset markets," the eight lawmakers wrote in an internal memo on Tuesday, calling on their colleagues for support.
