U.S. Biden Administration Seeks Revisions to FIT 21 Bill for Better Consumer Protection, Says It Won’t Veto

The post U.S. Biden Administration Seeks Revisions to FIT 21 Bill for Better Consumer Protection, Says It Won’t Veto appeared first on Coinpedia Fintech News The Biden administration has officially stated its opposition to the Financial Innovation Transparency (FIT) 21 bill in its present form, citing significant concerns over the lack of adequate protections for consumers and investors. Despite this opposition, the administration has expressed a willingness to collaborate with Congress to achieve a more balanced and comprehensive regulatory framework …