#fit21
LightNews LightNews
ryanlcooper.com
crypto shills have recreated the pre-2008 shadow banking system, except like an order of magnitude more stupid
If Congress passes FIT21 or a similar bill, it would invent a novel asset class called “digital commodities”—in essence, any financial asset managed on a decentralized blockchain. Digital commodities would be exempted from SEC oversight, as would “decentralized finance” firms. In the FIT21 bill, any firm or person can self-certify a financial product as a digital commodity, and the SEC would have only 60 days to object. This is a loophole big enough to fit an investment bank through. Already, Wall Street is talking up “tokenization,” meaning putting assets on a programmable digital ledger. The putative justification is capital efficiency: Tokenization could make it easier to move money around. Another justification is regulatory arbitrage: Investments on a blockchain would move out of the SEC’s purview, and likely be subject to fewer disclosure, reporting, accounting, tax, consumer-protection, anti-money-laundering, and capital requirements. Risk would build up in the system; the government would have fewer ways to rein firms in.
January 8, 2025 at 5:26 PM
johnhatchard.bsky.social
#Trump #Musk #Zuckerberg #Crypto #Cryptocurrency #Bitcoin #Blockchain #SEC #CFTC #FIT21 #China #XiJinPing #Russia #Putin #NorthKorea #KimJongUn #Binance #Tether
archive.is/iD2vy

“The countdown clock on the next catastrophic crash has already started.”

Abridged (shortened) article thread ⏬ 15 min
The Great Crypto Crash
Trump will usher in a speculative frenzy.
www.theatlantic.com
January 7, 2025 at 9:34 PM
nile11.bsky.social
Rep. Hill Warns SEC Crypto Rules Lack Durability of Statute
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https://nile1.com/rep-hill-warns-sec-crypto-rules-lack-durability-of-statute/
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#cftcDigitalAssets #clarityAct #cryptoLegislation #cryptoMarketStructure #digitalCommodity #exemptiveRelief #fit21 #frenchHi
myriad-midterms-9-30.png@webp.webp
October 7, 2026 at 8:23 PM
griais.bsky.social
🚀 Bitcoin Surges! As Congress preps for a crucial crypto vote, BTC nears $70k! A landmark decision on the Fit21 Act could reshape the crypto landscape. 🌐 #Bitcoin #Crypto
May 20, 2024 at 4:00 PM
eliasnievap.bsky.social
¡Mira mi #entrenamiento n°22 en #Hevy!
#fit21 @hevyapp #nevergiveup #gym #helth #workout
hevy.com/workout/1a89...
April 15, 2026 at 5:47 AM
web3nex.bsky.social
Eyes on the #fit21 bill today. #Bitcoin #regulation #crypto #web3
May 22, 2024 at 3:15 PM
politikrypt.bsky.social
reshape the 2026 midterm elections, potentially handing control of Congress to Democrats and stalling pro-crypto legislation. A Democratic sweep might also intensify regulatory scrutiny on digital assets, while a divided government could lead to gridlock, delaying key bills like the FIT21 🧵(2/3)
October 4, 2026 at 7:40 PM
tradingnews.bsky.social
The FIT21 market structure bill gained bipartisan support, passing the House with 278 votes in May 2024. #stablecoins #cryptolife #crypto https://cointelegraph.com/news/market-structure-bill-agenda-first-100-days-rep-french-hill?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
December 13, 2024 at 8:17 PM
buffalosoldier510.bsky.social
The first digital asset bank. Telco.in will be in the pole position for regulated stablecoins come Q1.

coinpedia.org/news/just-in...

#bitcoin #xrp #pepe #telcoin #eth #usual
Just In: U.S. Congress to Prioritize Crypto Legislation in 2025, Focusing on Stablecoins and FIT21 Act
With the incoming pro-crypto administration under Trump, the U.S. Congress is expected to prioritize crypto legislation in 2025, focusing on key issues
coinpedia.org
December 26, 2024 at 10:10 PM
politikrypt.bsky.social
budget bills, increasing volatility. A divided government might stall key crypto bills like the FIT21 Act, while a Democratic sweep could accelerate progressive taxation and green energy spending, impacting tech and energy sectors. Globally, a distracted US could cede influence to China 🧵(3/4)
October 3, 2026 at 8:03 PM
johnhatchard.bsky.social
#Crypto #Bitcoin #TechBros #CryptoBros #Trump #Musk #MAGA #Binance #Coinbase #PeterThiel #SEC #FIT21 #Project2025 #AmericanFirstPolicyInstitute #Reaganomics
archive.is/kQYMY

A night out with the New Yorkers who are about to get very, very rich

⏬ Bluesky article thread (12 min) with extra links 📖🍿🔊
I Spent a Night Out With Crypto Bros Thrilled About Trump’s Return. I Can’t Believe What They Want Now.
They have high hopes.
slate.com
January 27, 2025 at 8:53 PM
influence.citationneeded.news
Blake Masters has lost his Republican primary to Abraham Hamadeh in Arizona District 8.

Cryptocurrency-focused super PAC “Defend American Jobs” spent around $583,000 to support Masters, who had promised to be “the biggest champion of crypto DC has ever seen”.
Money involved in the Arizona House District 8 election. Blake Masters raised $4 million. $970k was spent to support him, $583k of which came from Defend American Jobs. $260k was spent to oppose him. Abraham Hamadeh raised $1.4 million. $570k was spent to support and $590k to oppose him, none of which was from the crypto industry PACs. Ben Toma raised $850k, with $1.5 million spent to support and $26k to oppose. Tweet by Blake Masters: This is great progress—but also just the beginning. The moment I get sworn into Congress I will be the biggest champion of crypto DC has ever seen. It’s time that woke, miserable regulators in Washington get put in their place in so great American entrepreneurs can innovate. Quoted tweet by Unusual Whales: JUST IN: US House passes FIT21 crypto bill, a cryptocurrency regulation bill that creates a path for cryptocurrencies to be exempt from many securities regulations if they achieve a sufficient level of decentralization.
August 1, 2024 at 2:16 PM
johnhatchard.bsky.social
#Trump #Musk #Zuckerberg #Crypto #Cryptocurrency #Bitcoin #Blockchain #SEC #CFTC #FIT21 #China #XiJinPing #Russia #Putin #NorthKorea #KimJongUn #Binance #Tether #ItsACult

“The countdown clock on the next catastrophic crash has already started.”

Call it what it is. It's a cult.
January 20, 2025 at 8:33 AM
johnhatchard.bsky.social
#Cryptocurrency #Bitcoin #FIT21 #Trump #MAGA #Project2025 #TheFourthReich #BadFaith #Fascism

How Crypto Bought Washington:
The industry uses vast sums of money to create majorities in Congress to champion their unpopular cause.

⏬ Bluesky 'bite-sized' article thread (16 min) with added links 📖🍿🔊
How Crypto Bought Washington
The crypto industry uses vast sums of money to create majorities in Congress to champion their unpopular cause.
www.currentaffairs.org
March 26, 2025 at 10:42 PM
ependiytis.bsky.social
#CLARITYAct #CryptoRegulation #USPolicy #FIT21 #TokenizedSecurities #SEC #CFTC #Stablecoins #CryptoLaw #Blockchain
September 29, 2026 at 4:01 PM
publichealthreview.bsky.social
The #CryptoBill, #FIT21, & #Future #Environmental #Health #Disasters: Despite #mediapropaganda, environmental concerns, & #financial #sustainability are not #techsector concerns. CLICK the link:
open.substack.com/pub/publiche...
#DonaldTrump #JDVance #Bitcoin #Privatization #Policy #Investment #GOP
The “Crypto Bill,” FIT21, and Future Environmental Health Disasters:
Despite media propaganda, environmental concerns, and financial sustainability are not tech sector concerns.
open.substack.com
July 31, 2025 at 5:33 AM
momentumcoin.bsky.social
#Crypto #Ethereum #AI #BlockchainRevolution"
SEC's approval of Ethereum ETFs signals a seismic shift in crypto investing! VanEck CEO hails it as a career-defining moment in securities regulation. With FIT21 in the House, is clear crypto regulation finally on the horizon?
June 2, 2024 at 1:01 AM
momentumcoin.bsky.social

#Crypto #FIT21 #RegulationReform
The FIT21 bill promises to end the government’s chaotic crypto regulation, providing clarity by classifying assets as securities or commodities. Time for a fair, forward-thinking approach!
May 23, 2024 at 4:10 PM
influence.citationneeded.news
Thanedar is seen to be pro-crypto for his votes for FIT21 and the resolution to overturn SAB 121.
July 25, 2024 at 6:38 PM
coinxposure.bsky.social
FIT21 Unlikely to Pass Senate Before Election

FIT21 is expected to face challenges in the Senate, likely delaying enactment until after the November elections. Despite receiving support from both Democrats and Republicans and receiving authorization from the House of… #Bill #CFTC #Elections
FIT21 Unlikely to Pass Senate Before Election
FIT21 Unlikely to Pass Senate Before Election FIT21 is expected to face challenges in the Senate, likely delaying enactment until after the November elections. Despite receiving support from both Democrats and Republicans and receiving authorization…
coinxposure.com
May 31, 2024 at 1:13 AM
zorefe.bsky.social
FIT21 Onaylandı! ✅ Senato'dan Çıkacak Karar Yükselişi Getirebilir! 🤔 NVIDIA Bilançosu Ters Tepti! 🥲
ICRYPEX Araştırma Uzmanı Berk Koçak, kripto piyasalarına dair güncel gelişmeleri ICRYPEX YouTube kanalında değerlendiriyor.🔹 ABD Kripto Yasası FIT21 Onaylan...
www.youtube.com
May 23, 2024 at 9:08 AM
cryptodec0ded.bsky.social
🚨 NOW: #Crypto Takes Priority in 2025 U.S. Congress Agenda

Focus on #Stablecoins and the FIT21 Act!
#Cryptoupdate
December 27, 2024 at 5:21 AM
mc2020.bsky.social
#FuckCrypto and the criminal oligarch nag it rode in on. It's a vehicle for crime and an egregious waste of electricity, consumption of which we must conserve, not massively increase for another fucking casino. Earth bats last. We don't have the luxury of such idiocies anymore. #MoneyAintBroke
U.S. Crypto Market Structure Bill Unveiled by House Lawmakers
As a successor to the so-called FIT21 bill in the last session, the committee chairs in the House have released a discussion draft of a market structure bill.
www.coindesk.com
May 16, 2025 at 1:17 PM