Trump Signs Crypto Legislation Amid Ongoing Epstein Controversy

1 min read
Source: Axios
Trump Signs Crypto Legislation Amid Ongoing Epstein Controversy
Photo: Axios
TL;DR Summary

President Trump signed the GENIUS Act into law, establishing the first clear regulatory framework for stablecoins in the U.S., which could lead to increased adoption by banks and fintechs, offering benefits like higher savings interest and instant rebates for consumers, though traditional finance may resist these changes.

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