FIT21 passes 279-136. The takeaway is simple:

The global economy will be built onchain
American will be at the forefront of its creation
It will be accessible to everyone, everywhere

Onwards to the Senate, to confirm this historic milestone for crypto, freedom, and the world.

@base builder #001; onchain cities w/ OAK & city3

how do 2/3 of democrats vote nay 👀 sorry not that deep deep into US politics but seems odd. would have actually thought they’d be more pro. 
will be interesting to see how it will affect us globally with the US at the forefront as you call it.

spread kindness 🤝 fvck toxicity | artist | degen | UX/UI Design | hosting /superduper and /base-german (co-host)

Democratic leadership said the bill "deregulates crypto" by taking away the SEC's existing authority, that it has loopholes, and that it doesn't have enough investor protection. They also dislike crypto and don't want to validate it or pass laws to help it grow.

Very odd to see Dems vote against regulation, though.

We are working on this lol... Basically some dems tried to make it their wedge issue (think Liz Warren) and they failed because too many Democrats own crypto and it was just going to lose votes to MAGA.