Trump Signs GENIUS Act Into Law, in Major Milestone for Crypto Industry
KEY TAKEAWAYS
- President Donald Trump on Friday signed the GENIUS Act into law.
- The GENIUS Act establishes a regulatory framework for stablecoins and represents an important milestone for the crypto industry and the president’s crypto agenda.
- There are two other bills passed by the House this week that could soon follow the GENIUS Act to Trump’s desk, pending Senate approval: the CLARITY Act and Anti-CBDC Surveillance State Act.
President Donald Trump on Friday signed the GENIUS Act into law, in a major milestone for the crypto industry and the president’s stated goal of reshaping American crypto policy.
“I pledged that we would bring back American liberty and leadership and make the United States the crypto capital of the…
