3 Crypto Stocks to Watch as the House Passes the GENIUS Act
The U.S. House of Representatives passed the GENIUS Act on July 17, 2025, sending it to President Trump’s desk, where it is expected to be signed into law. This landmark legislation establishes the very first comprehensive federal framework for U.S. dollar-pegged stablecoins, placing them under the oversight of the Commodity Futures Trading Commission (“CFTC”). The bill also sets in motion new rules governing issuers, reserves and consumer disclosure, signaling a major regulatory shift.
By mandating that stablecoin issuers should back every digital token one-to-one with U.S. dollars, Treasury deposits, or short-term Treasuries, the law aims to put an end to opaque reserve practices. These assets will need to be stored…
