Trump signs Genius Act into law
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Cryptocurrency has gained a hold in Americans’ investment portfolios and their retirement accounts — and now it’s a step closer to their wallets for everyday use.
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The National on MSN'Genius' move: What are the goals of the three US crypto bills?US President Donald Trump has signed the Genius Act into law, setting the stage for greater cryptocurrency supervision in line with America's aim to be the global leader in digital assets.The bipartisan bill is one of three that had both Capitol Hill and crypto enthusiasts buzzing,
U.S. stablecoin regulation ensuring consumer protection, financial stability, and global financial influence. Learn about issuer requirements, reserve rules, and its impact on international transactions.
The GENIUS Act is likely to be signed into law on Friday and is set to change how stablecoin issuers operate both in the US and overseas.
On Monday, Republican leaders in the House of Representatives kicked off what they’re calling “Crypto Week”—a concerted effort to make America the cryptocurrency capital of the world by advancing three key pieces of crypto-related legislation.
After a week of squabbling in Washington, the cryptocurrency industry secured one of its primary legislative objectives and made progress toward a second one.
The GENIUS Act, a federal framework for stablecoins, passed the House with bipartisan support and heads to President Trump for signing. The CLARITY Act, regulating other crypto assets, also passed, with a surprising number of Democrats voting in favor. CLARITY now heads to the Senate.
In a major step toward establishing regulatory clarity for digital assets, the House of Representatives passed the Guiding and Establishing