00:00Donald Trump recently said he will start accepting crypto donations, becoming the first major political candidate to ever do that, and the first U.S. president to ever do that.
00:09That's a headline that I think most anti-crypto people would never thought they'd see.
00:13But there's also something else. It's called Fit 21, which was a bill that was just passed by the House.
00:19And it provides a regulatory framework that will finally do for crypto what everyone's been waiting for, which is safety and protection for consumers.
00:27Similar to how brokers are protected through the SIPC and how banks are insured by the FDIC.
00:33Fit 21 provides the regulatory clarity and robust consumer protections necessary for the digital asset ecosystem to thrive in the U.S.
00:42It's not official yet. We're still waiting for the Senate and the president, so we'll see what happens.
00:46But this is arguably the most bullish news that ever happened to crypto since the approval of the spot Bitcoin ETF.
00:52And if Nancy Pelosi's in, I'm all in.
00:55Now, I have no idea what she's doing. She probably hates crypto, but I am paying closer attention to her husband.
Comments