U.S. Crypto Innovation Poised to Explode due to the GENIUS Act
The first piece of legislation to regulate cryptocurrencies in the United States is now law.
The bipartisan passage of the Guiding and Empowering Nation-based Innovation Using Stablecoins Act of 2025—better known as the GENIUS Act, the first-of-its-kind stablecoin bill–is emblematic of the Trump administration’s willingness to embrace innovative and disruptive technologies and illustrates the years-long fight for clarity from the crypto industry. Sponsored by Senators Bill Hagerty (R-TN), Kirsten Gillibrand (D-NY), Cynthia Lummis (R-WY), and Tim Scott (R-SC),)’—longstanding advocates for sensible digital asset legislation—the GENIUS Act passed with broad support in both the House and Senate before being signed into law by…