Trump Signs Crypto Legislation Amid Ongoing Epstein Controversy

The U.S. has taken a historic step in cryptocurrency regulation with the passage of the GENIUS Act, signed into law by President Trump, marking a shift from a hands-off approach to a more regulated environment focused on stablecoins. The legislation has sparked both optimism among crypto supporters, who see it as a move towards financial innovation, and criticism from opponents concerned about weaker oversight and potential risks. The crypto sector is celebrating this victory, while also preparing for ongoing legislative battles, notably over the CLARITY Act and regulatory powers.