Trump signs GENIUS Act, 1st federal law regulating crypto
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Nik Bhatia, Founder of The Bitcoin Layer and an Adjunct Finance Professor at USC Marshall School of Business, reacts to the passing of the crypto 'Genius Act' bill by the White House.
Technology Technology The Big Story Trump seals the deal on stablecoin bill President Trump signed the first major cryptocurrency bill into law Friday, marking a key
It is the first piece of legislation to regulate the cryptocurrency industry to get signed into law in the U.S.
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GENIUS Act will be 'very helpful' in providing trust around stablecoin: MARA CEOMARA CEO Fred Thiel discusses the impact of the GENIUS Act on the company, the 'rapidly maturing' crypto industry and U.S. energy policy during and interview on 'Mornings with Maria.'
The House on Thursday passed a bill setting up a regulatory framework for payment stablecoins, sending the cryptocurrency bill to President Trump’s desk and marking a major win for the industry.
With Ethereum sitting at the center of the GENIUS Act tailwind, stablecoin dominance, and growing institutional allocations, a push to $4k before Q3 close is increasingly looking like a base case.
After clearing a procedural hurdle in the House of Representatives by a 215-211 vote on 16 July, the GENIUS Act now heads to floor debate, having already secured bipartisan Senate