The FIT21 bill may be released at the end of April.

According to Eleanor Terrett, French Hill, the chairman of the House Financial Services Committee, stated that the House "has been dedicated to seeking technical assistance from the industry, the U.S. Securities and Exchange Commission, and the Commodity Futures Trading Commission (CFTC) during most of the Easter holiday" to refine the updated version of the draft market structure bill for the "21st Century Financial Innovation and Technology Act." ( According to a post on Twitter, "The discussion draft and the hearings on the text will be released in the 'next few short weeks.'" The "21st Century Financial Innovation and Technology Act" is the most comprehensive digital asset legislation in U.S. history, having passed the House in May 2024 with bipartisan support. Now, momentum behind the bill in the Senate is increasing.
It created two categories: restricted digital assets )RDA( regulated by the SEC, and digital commodities )DC( regulated by the CFTC. For DePIN, being classified as a digital commodity means it can operate and expand freely, without legal restrictions. FIT21 provides a way to prove that a network is a digital commodity, allowing projects to self-certify as decentralized networks, provided they meet key conditions within a certain timeframe, while the SEC has 60 days to raise objections, which disrupts the power structure.