One good thing of Trump trying to get the crypto vote, it has now pressured the current administration to do a 180. Biden is desperate for votes

One good thing of Trump trying to get the crypto vote, it has now pressured the current administration to do a 180. Biden is desperate for votes

What is FIT21?
Seems bad. As I understand it, the CFTC would be directed to regulate Bitcoin exchanges. Seems worse than the status quo.