What Financial Innovation and Technology for the 21st Century Act (FIT21) requires
The FIT21 Act establishes a comprehensive U.S. regulatory framework for digital assets, creating a test under Section 101 to classify them as either 'digital commodities' under CFTC jurisdiction or 'restricted digital assets' (securities) under SEC jurisdiction based on the network's decentralization status, and provides specific registration pathways for market participants.
Pillar: Crypto & Sovereign Finance · Authority: U.S. Congress · Version: 1.0.0 · Last updated:
Primary source: https://www.congress.gov/bill/118th-congress/house-bill/4763
SHA-256 integrity: dc211030604fe658f6a68b350d74c88ae9ad1790021c6158208a99eaa95df274
Primary Citations — 6 traced to source
- Financial Innovation and Technology for the 21st Century Act, Section 101 - Definitions (including 'Digital Asset', 'Digital Commodity', 'Restricted Digital Asset')
- Financial Innovation and Technology for the 21st Century Act, Section 201 - Jurisdiction of the Commodity Futures Trading Commission
+ 4 more citations (full bibliography, deterministic workflow, actionable schema and crosswalks) included in the vault unlock — $0.01 via Skyfire / L402 / Direct Base USDC.
Access
- Discovery (free): /api/v1/nodes/us-fit21-financial-innovation-technology-act-2024.json — 6-field metadata
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- Canonical URL: https://bidda.com/intelligence/us-fit21-financial-innovation-technology-act-2024
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