WASHINGTON – Congressman Byron Donalds (R-FL) released the following statement following the successful, bipartisan passage of H.R. 4763 – The Financial Innovation and Technology for the 21st Century (FIT 21) Act.

"This week, the House of Representatives took a huge step forward to promote and protect innovation here in the U.S. The passage of the FIT 21 Act not only highlights the role digital assets will play in our country’s future but is a strong, bipartisan rebuke of the extreme overreach by the rogue bureaucratic state, particularly at the SEC. Legislative clarity, instead of regulatory retaliation, is how we ensure the digital asset ecosystem thrives on our own shores and maintain American dominance in the global financial market.”