Trump signs GENIUS Act, 1st federal law regulating crypto
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The House of Representatives voted to regulate digital currencies and protect their owners on Thursday during what many lawmakers called "crypto week."
Experts say the legislation could unleash a tidal wave of new stablecoins—and fresh complaints about President Trump's crypto entanglements.
Trump signs GENIUS Act into law after tumultuous crypto week as Bitcoin maintains $119K support with flag pattern targeting $181K breakout.
Coinage Media host and financial reporter Zack Guzman discusses what the GENIUS Act, signed into law Friday by President Trump, means for the cryptocurrency industry.
The US crypto industry is celebrating as Congress passed three major bills in its “Crypto Week” legislative bonanza.
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Bankrate on MSNWhat the GENIUS Act could mean for stablecoins, crypto investors and potentially taxpayersThe GENIUS Act is now law, after President Donald Trump signed the bill, to the cheers of cryptocurrency enthusiasts. The GENIUS Act regulates one type of cryptocurrency called stablecoins, a $200 billion part of the multitrillion-dollar cryptocurrency system.
US President Trump is expected to sign the GENIUS Act into law on Friday, marking the first major crypto legislation. Chamber of Progress CEO and founder Adam Kovacevich joins Market Catalysts to discuss the legislation and what it means for the crypto space.
The House of Representatives passed the GENIUS Act, making it the first major piece of federal legislation to regulate stablecoins.