The two legislators aim to include the new border law in technology (NFT).
They work to add it to a reworked version of financial innovation and technology for the law of the 21st century. The revised Crypto bill is known as Fit21.
Timmons pushes for NFT protections in the Fit21 invoice
The representative Timmons said that his objective was to ensure that NFTs benefit from appropriate legal recognition. “We have to protect innovation while providing railing,” he said. Fit21, which exceeded the House of Representatives last year, obtained a facelift before being reintroduced. In case of success, it would present specific responsibilities for regulators. For example, the CFTC and the dry. The bill would also bring an essential clarity to the way in which digital assets are governed.
However, the clock turns. Since Fit21 was adopted during the last congress, legislators must again vote on it. The president of the senatorial banking committee, Tim Scott (R-SC), stressed that cryptographic regulations are an absolute priority. The promises of bills on the structure of the market and the stablescoins will arrive in the Senate in the first 100 days of the presidency of Donald Trump.
RUP:
Source: DecryptMedia pic.twitter.com/boznzi9xl8
– cryptosrus (@Cryptosr_us) February 6, 2025
RUP: 
The members of the William Timmons and Ritchie Torres congress grow for the NFT law to be included in a modified version of Fit21The NFTS seek legal protection while the congress revisits the bill on cryptography
So what is the NFTS problem? These digital collectibles are more than fashionable online images. They represent an increasing element of the digital economy. By including the NFT law in Fit21, they hope to ensure that these assets receive legal protections. This will encourage innovation without stifling creativity.
While the congress revisits the regulation of cryptography, it is clear that the issues are high. Legislators strive to find the right balance between encouraging the growth of the digital economy and ensuring that investors are not excluded in the cold.
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