Ethereum

The cryptocurrency industry rallies as the U.S. House of Representatives bill heads toward a final vote.

A coalition of digital asset organizations and companies, including Coinbase, Kraken, Andreessen Horowitz, Digital Money Group and about 50 others, through the Crypto Council for Innovation, sent a letter to House Speaker Mike Johnson (R-La.). Minority Leader Hakeem Jeffries (DN.Y.) advocated for passage of the bill. The Financial Innovation and Technology for the 21st Century Act (FIT21) has been approved next week, with observers expecting a vote midweek.

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