Coinbase (NASDAQ:COIN) CEO Brian Armstrong has urged United States citizens to take action and email their representatives to vote “Yes” on the Financial Innovation and Technology for the 21 Century Act (FIT21), which may provide regulatory clarity for crypto.
On July 26, lawmakers voted in favor of FIT21 and the Blockchain Regulatory Certainty Act. The bills are expected to deliver clarity for crypto firms, including setting the differences in jurisdiction between securities and commodities regulators in the country.