| COINOTAG recommends • Exchange signup |
| 💹 Trade with pro tools |
| Fast execution, robust charts, clean risk controls. |
| 👉 Open account → |
| COINOTAG recommends • Exchange signup |
| 🚀 Smooth orders, clear control |
| Advanced order types and market depth in one view. |
| 👉 Create account → |
| COINOTAG recommends • Exchange signup |
| 📈 Clarity in volatile markets |
| Plan entries & exits, manage positions with discipline. |
| 👉 Sign up → |
| COINOTAG recommends • Exchange signup |
| ⚡ Speed, depth, reliability |
| Execute confidently when timing matters. |
| 👉 Open account → |
| COINOTAG recommends • Exchange signup |
| 🧭 A focused workflow for traders |
| Alerts, watchlists, and a repeatable process. |
| 👉 Get started → |
| COINOTAG recommends • Exchange signup |
| ✅ Data‑driven decisions |
| Focus on process—not noise. |
| 👉 Sign up → |
- Former U.S. House Speaker Nancy Pelosi is reportedly considering supporting the Republican-led Financial Innovation and Technology Act for the 21st Century (FIT21).
- Sources familiar with her thinking revealed that Pelosi, now out of Democratic Party leadership, might back the bill, which could be put to a House vote on May 22.
- The crypto industry has welcomed this bill, claiming it provides a more transparent regulatory framework.
Discover how the Financial Innovation and Technology Act for the 21st Century (FIT21) could reshape crypto regulations and the political landscape in the U.S.
What Does FIT21 Propose?
The FIT21 bill aims to clarify the division of authority between the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) over crypto assets. Additionally, it proposes amending the Howey test, a long-standing legal standard, to largely remove cryptocurrencies from SEC supervision. The crypto industry has welcomed this bill, claiming it provides a more transparent regulatory framework. Mark Hays, a senior policy analyst at Americans for Financial Reform, commented that the bill offers a regulatory regime mostly dominated by the CFTC, aligning better with the global economy.
Who Opposes FIT21 and Why?
Pelosi’s potential support would put her at odds with Democrats like Maxine Waters and David Scott, who oppose the bill. However, leaked emails indicate they will not compel House Democrats to vote against it. Meanwhile, financial reform groups argue that the bill could unravel decades of financial regulations to benefit the crypto industry. Pelosi’s favorable stance towards FIT21 reflects a growing acceptance among Democrats towards cryptocurrency. Some analysts suggest this shift aims to garner support from pro-crypto voters. On the other hand, financial reform advocates view this as a move influenced by super PACs, which have significantly bolstered the crypto industry’s political influence.
Key Takeaways for Stakeholders
– FIT21 could redefine regulatory authority over crypto assets, favoring CFTC oversight.
– If passed, the bill might exempt most cryptocurrencies from SEC regulations.
– Pelosi’s support could indicate a shift in the Democratic Party’s stance on cryptocurrency.
– Financial reform groups are concerned about the potential rollback of established regulations.
– Super PACs play a crucial role in shaping the political landscape around this issue.
| COINOTAG recommends • Professional traders group |
| 💎 Join a professional trading community |
| Work with senior traders, research‑backed setups, and risk‑first frameworks. |
| 👉 Join the group → |
| COINOTAG recommends • Professional traders group |
| 📊 Transparent performance, real process |
| Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing. |
| 👉 Get access → |
| COINOTAG recommends • Professional traders group |
| 🧭 Research → Plan → Execute |
| Daily levels, watchlists, and post‑trade reviews to build consistency. |
| 👉 Join now → |
| COINOTAG recommends • Professional traders group |
| 🛡️ Risk comes first |
| Sizing methods, invalidation rules, and R‑multiples baked into every plan. |
| 👉 Start today → |
| COINOTAG recommends • Professional traders group |
| 🧠 Learn the “why” behind each trade |
| Live breakdowns, playbooks, and framework‑first education. |
| 👉 Join the group → |
| COINOTAG recommends • Professional traders group |
| 🚀 Insider • APEX • INNER CIRCLE |
| Choose the depth you need—tools, coaching, and member rooms. |
| 👉 Explore tiers → |
The Outcome
With the upcoming vote on FIT21, all eyes are on Pelosi’s final decision. Her support could mark a significant shift in crypto regulation and influence the political dynamics surrounding cryptocurrency in the United States. Lawmakers and stakeholders alike are closely watching how this bill could reshape the regulatory landscape and its broader implications for the financial sector.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
| COINOTAG recommends • Exchange signup |
| 📈 Clear interface, precise orders |
| Sharp entries & exits with actionable alerts. |
| 👉 Create free account → |
| COINOTAG recommends • Exchange signup |
| 🧠 Smarter tools. Better decisions. |
| Depth analytics and risk features in one view. |
| 👉 Sign up → |
| COINOTAG recommends • Exchange signup |
| 🎯 Take control of entries & exits |
| Set alerts, define stops, execute consistently. |
| 👉 Open account → |
| COINOTAG recommends • Exchange signup |
| 🛠️ From idea to execution |
| Turn setups into plans with practical order types. |
| 👉 Join now → |
| COINOTAG recommends • Exchange signup |
| 📋 Trade your plan |
| Watchlists and routing that support focus. |
| 👉 Get started → |
| COINOTAG recommends • Exchange signup |
| 📊 Precision without the noise |
| Data‑first workflows for active traders. |
| 👉 Sign up → |
| COINOTAG recommends • Members‑only research |
| 📌 Curated setups, clearly explained |
| Entry, invalidation, targets, and R:R defined before execution. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🧠 Data‑led decision making |
| Technical + flow + context synthesized into actionable plans. |
| 👉 Join now → |
| COINOTAG recommends • Members‑only research |
| 🧱 Consistency over hype |
| Repeatable rules, realistic expectations, and a calmer mindset. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🕒 Patience is an edge |
| Wait for confirmation and manage risk with checklists. |
| 👉 Join now → |
| COINOTAG recommends • Members‑only research |
| 💼 Professional mentorship |
| Guidance from seasoned traders and structured feedback loops. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🧮 Track • Review • Improve |
| Documented PnL tracking and post‑mortems to accelerate learning. |
| 👉 Join now → |