Crypto’s Wild West Era Is Over
For more than a decade, cryptocurrency lived in a regulatory gray zone. Loved by libertarians, feared by bankers, and mocked by lawmakers, it was treated like a side project of the internet, too weird to regulate and too volatile to embrace. That era just ended.
The U.S. House of Representatives has officially passed the GENIUS Act, a landmark bill that sets federal rules for stablecoins—the digital currencies pegged to the U.S. dollar. The bill is expected to be signed into law by President Donald Trump, making it the first major piece of crypto legislation in American history.
It is the moment crypto has been waiting for: real rules, real recognition, and real legitimacy.