Trump says newly signed crypto law will establish ‘American dominance’ | Donald Trump News
White House features crypto industry leaders investigated by the government, as critics highlight Trump’s personal business interests.
Washington, DC – United States President Donald Trump has signed into law new cryptocurrency legislation that advocates say represents a watershed moment for the industry.
Speaking from the White House on Friday, the US president hailed the GENIUS Act, which establishes regulations and consumer protections for stablecoin, a type of cryptocurrency whose value is linked to a fixed currency or commodity.
The signing capped what Trump dubbed “crypto week”, as a total of three cryptocurrency bills made their way through the US legislature.
In the end, only the legislation related to stablecoin landed…
