FIT21
FIT21 (Financial Innovation and Technology for the 21st Century Act)
The 2024 House-passed legislation that established the decentralization test for crypto classification, gave the CFTC jurisdiction over digital commodity spot markets, and became the legislative foundation for the CLARITY Act.
FIT21: The Digital Asset Market Structure Act That Changed American Crypto Law
FIT21 — the Financial Innovation Technology for the 21st Century Act — passed the House 279-136 in May 2024. The first major US crypto bill to pass a chamber, it became the template for the CLARITY Act.
US Tokenization Legislation: Every Bill, Every Hearing, Every Vote
The complete guide to US digital asset legislation — from the GENIUS Act to CLARITY, from SEC enforcement to the CFTC's expanding role, and the political forces that shaped each outcome.