The U.S. House passed a bill against Central Bank Digital Currencies (CBDCs) to avoid surveillance similar to China's. The bill saw partisan division, with less Democrat backing compared to other crypto bills.
Nancy Pelosi is considering backing the FIT21 crypto bill, sparking controversy within the Democratic party.
House Democrats, Representatives Maxine Waters and David Scott, oppose the Financial Innovation and Technology for the 21st Century Act, believing it could undermine regulation and investor protections.
Crypto Super PAC spends $1.3M on media buy for Arizona Democrat.
