Advertisement
Canada markets closed

  • S&P/TSX

    21,639.10
    -59.01 (-0.27%)
     

  • S&P 500

    5,431.60
    -2.14 (-0.04%)
     

  • DOW

    38,589.16
    -57.94 (-0.15%)
     

  • CAD/USD

    0.7281
    +0.0001 (+0.02%)
     

  • CRUDE OIL

    78.49
    -0.13 (-0.17%)
     

  • Bitcoin CAD

    90,885.29
    +489.91 (+0.54%)
     

  • CMC Crypto 200

    1,403.34
    -14.54 (-1.03%)
     

  • GOLD FUTURES

    2,348.40
    +30.40 (+1.31%)
     

  • RUSSELL 2000

    2,006.16
    -32.75 (-1.61%)
     

  • 10-Yr Bond

    4.2130
    -0.0250 (-0.59%)
     

  • NASDAQ

    17,688.88
    +21.32 (+0.12%)
     

  • VOLATILITY

    12.66
    +0.72 (+6.03%)
     

  • FTSE

    8,146.86
    -16.81 (-0.21%)
     

  • NIKKEI 225

    38,814.56
    +94.09 (+0.24%)
     

  • CAD/EUR

    0.6798
    +0.0024 (+0.35%)
     

The House Passed a Crypto Bill That’s Crucial for the Industry. Its Future Is Murky.

Joe Light
·4 min read
The House Passed a Crypto Bill That’s Crucial for the Industry. Its Future Is Murky.

The House passed new rules for the crypto industry on Wednesday. The bill, which passed 279 to 136, probably won’t become law because of insufficient support in the Senate. The bill, called the Financial Innovation and Technology for the 21st Century Act, or FIT 21, creates a path for cryptocurrencies to be exempt from many securities regulations if they achieve a sufficient level of decentralization, among other things.

Continue reading