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The House of Representatives plans to release a draft of the new encryption market structure bill at the end of this month.
The U.S. House of Representatives is preparing to introduce a new round of crypto market structure bill drafts, expected to be released at the end of this month. This draft may reference the “Financial Innovation and Technology for the 21st Century Act” (FIT21) passed by the last Congress. Meanwhile, the House’s STABLE Act and the Senate’s GENIUS Act have completed committee reviews and have not yet entered the full voting process, with slight differences in regulatory authority allocation between the two. (Blockworks)