WASHINGTON, D.C.— Congressman Warren Davidson (R-OH) issued the following statement following the passage of the FIT for the 21st Century Act in the House of Representatives today.
“Since 2018, I have been working to establish legal clarity for digital assets. Meanwhile, Gary Gensler’s Orwellian regulatory approach has pushed innovation and investment overseas. Today and finally, the House of Representatives brings clarity to the digital asset ecosystem by passing the FIT for the 21st Century Act," said Rep. Warren Davidson. "I applaud Chairman McHenry for his work passing the FIT for the 21st Century Act as this historic legislation would give entrepreneurs and investors the legal framework they need to take our economy into the future.”
“Since 2018, I have been working to establish legal clarity for digital assets. Meanwhile, Gary Gensler’s Orwellian regulatory approach has pushed innovation and investment overseas. Today and finally, the House of Representatives brings clarity to the digital asset ecosystem by passing the FIT for the 21st Century Act," said Rep. Warren Davidson. "I applaud Chairman McHenry for his work passing the FIT for the 21st Century Act as this historic legislation would give entrepreneurs and investors the legal framework they need to take our economy into the future.”