Trump Signs GENIUS Act, Aims to Make US Crypto Capital
TL;DR Summary
President Trump signed the Genius Act into law, establishing a regulatory framework for stablecoins in the U.S., which aims to enhance financial stability, support the dollar's reserve currency status, and boost crypto industry innovation. The legislation has positively impacted crypto prices, with Bitcoin and other tokens seeing gains, and contributed to the crypto market surpassing $4 trillion in value.
- Trump signs the Genius Act into law, in significant step for U.S. crypto regulation MarketWatch
- Trump Administration Live Updates: President Ignores Epstein Questions at Crypto Bill Signing The New York Times
- Trump vows to make US ‘crypto capital of the planet,' signs GENIUS Act into law Fox News
- The President Signed into Law S. 1582 The White House (.gov)
- ‘Put up or shut up’: Landmark win in Congress to test crypto's viability Politico
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