The Stellar Development Foundation joined industry peers in signing a letter supporting the bipartisan Financial Innovation and Technology for the 21st Century Act (FIT21), which represents the first major crypto markets legislation heading to a House floor vote.
The Stellar Development Foundation (SDF) has signed onto an industry letter expressing support for the core principles of FIT21, landmark bipartisan cryptocurrency legislation advancing toward a House floor vote. This represents the first significant crypto markets bill to reach a congressional vote, marking a milestone in regulatory momentum for the digital asset sector. The letter, coordinated by the Crypto Council for Innovation (CCI), emphasizes the importance of establishing reasonable guardrails for crypto innovation. SDF highlights that FIT21 would provide necessary legal and regulatory clarity, strengthen consumer protections, and enhance U.S. competitiveness in global crypto markets. The foundation commits to continued constructive engagement as the legislative process unfolds, standing alongside industry colleagues in advocating for sound digital asset market regulation.
