US House of Representatives is set for a floor vote on the FIT21 Act next week. Top crypto companiessigned a letter to the US House, soliciting the bill's passage. House verdict would be instrumental to the progress of the crypto industry in the United States. With the House of Representatives set for a floor vote on the Financial Innovation & Technology for the 21st Century Act next week, nearly 60 crypto companies signed a letter on Friday, encouraging lawmakers to vote for the bill.
The letter, addressed to the Speaker of the House, Mike Johnson, and the minority leader, Hakeem Jeffries, suggests that by passing the legislation, the US can accelerate the growth of blockchain technology and digital assets, fostering financial inclusion and protecting national security.