Crypto-linked stocks advance as Trump signs stablecoin law — TradingView News
Shares of crypto-linked companies jumped on Monday, as ether prices scaled their highest this year after President Donald Trump signed into law a bill regulating stablecoins in the U.S.
Trump signed the GENIUS Act late on Friday, marking a huge win for crypto industry that has been lobbying for a regulatory framework to gain greater legitimacy. The bill was passed in the House of Representatives by a vote of 308 to 122 on Thursday, after Senate approval.
Bitcoin 
BTCUSD, the world’s biggest cryptocurrency, inched 0.2% up, though it remains more than 3% away from its all-time high of $123,153 hit last week.
The bill bans yields or interest payments on regulated stablecoins, which Deutsche Bank said is leading to a rise in ether 
ETHUSD…
