Trump Signs GENIUS Act, Boosting Stablecoins and Crypto Industry

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Source: The Hill
Trump Signs GENIUS Act, Boosting Stablecoins and Crypto Industry
Photo: The Hill
TL;DR Summary

President Trump signed the GENIUS Act into law, marking the first major cryptocurrency legislation in the U.S., providing a regulatory framework for payment stablecoins and giving industry legitimacy, though broader crypto regulation is still in development.

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