Trump signs Genius Act into law
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Cryptocurrency has gained a hold in Americans’ investment portfolios and their retirement accounts — and now it’s a step closer to their wallets for everyday use.
Trump signed into law the GENIUS Act on Friday – a landmark piece of legislation that establishes federal regulations surrounding digital currency.
The GENIUS Act was one of the three digital currency-related regulations up for discussion in what has been labelled as “crypto week” from July 14 to July 18. The other two are the Clarity Act of 2025 and the anti-central bank digital currency (CBDC) Surveillance State Act.
On Monday, Republican leaders in the House of Representatives kicked off what they’re calling “Crypto Week”—a concerted effort to make America the cryptocurrency capital of the world by advancing three key pieces of crypto-related legislation.
The regulatory clarity the GENIUS Act proposes to bring to the stablecoin space can help ease some of the worries of more conservative entities, such as CFOs, examining the space, EY’s Paul ...
The GENIUS Act: A Brief Overview. The GENIUS Act is one of several Congressional initiatives aimed at regulating the issuance and operation of various crypto assets. The Act focuses on so-called ...
The GENIUS Act is likely to be signed into law on Friday and is set to change how stablecoin issuers operate both in the US and overseas.