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ARTICLE · 24 OCTOBER 2024

CryptoLink - September 2024 Updates

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The Senate has yet to take action on the 21st Century Act (FIT21) (H.R.4763) which passed the House by a comfortable margin of 279-136 on May 22, 2024. FIT21 is a proposed landmark...

United StatesTechnology
Peter I. Altman
Peter I. Altman
Adam Hilkemann
Adam Hilkemann
Mitchell P. Hurley
Mitchell P. Hurley
Wael Jabsheh
Wael Jabsheh
Lance Jasper
Lance Jasper
Brad M. Kahn
Brad M. Kahn
Jacqueline Yecies
Jacqueline Yecies
Nicholas R. Lombardi
Nicholas R. Lombardi
Kate L. Powers
Kate L. Powers
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CryptoLink is a compilation of news stories published by outside organizations. Akin aggregates the stories, but the information contained in them does not necessarily represent the beliefs or opinions of the firm. Akin's September CryptoLink update includes developments and events that occurred between August 2024 and September 2024.

The Senate has yet to take action on the 21st Century Act (FIT21) (H.R.4763) which passed the House by a comfortable margin of 279-136 on May 22, 2024. FIT21 is a proposed landmark piece of legislation that would enact a comprehensive regulatory framework for the digital assets industry. Sens. Cynthia Lummis (R-WY) and Kirsten Gillibrand's (D-NY) Lummis-Gillibrand Responsible Financial Innovation Act (S.2281) also awaits consideration in the Senate. Despite Congress being out for the month of October, Sen. Bill Hagerty (R-TN) recently released a discussion draft of legislation to establish a framework for the regulation and supervision

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