On Wednesday, July 26, 2023, The House Financial Services Committee voted on a set of crypto bills that could finally provide regulatory clarity to the domestic industry. Representative Patrick McHenry led 35 committee members to vote a resounding yes against 15 members in favor of the Financial Innovation and Technology (FIT) for the 21st Century Act and the Blockchain Regulatory Certainty Act. However, it wasn’t without a fight.
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00:00 intro
00:41 Sponsor: iTrust Capital
01:17 Two Years Later
02:18 Historic Crypto Bills
04:32 Maxine Waters & Status Quo
07:06 Worst Bill Ever?
08:15 Sherman Can’t Read
09:27 SEC vs Ripple Case
11:30 Sherman Amendment Fails
14:27 Tom Emmer Bill vs Lynch
17:24 FINAL VOTE
18:38 Overwhelming Victory
19:41 Stablecoin Bill Progress
22:19 House Floor Vote Coming
23:42 outro
#Crypto #Ethereum #Bitcoin
~Historic U.S. Crypto Bills Pass!✔️Shocking Majority Vote!🚨~
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