Donald Trump's Genius Act: Major crypto bill for stablecoins passed in US; here is what to know
Saturday, 19 July 2025 () President Trump signed the GENIUS Act, a law designed to regulate payment stablecoins and bring legitimacy to the cryptocurrency industry. Officially titled "Guiding and Establishing National Innovation for US Stablecoins," the act establishes regulatory frameworks and consumer protections for stablecoins. It aims to improve consumer confidence and solidify the US as a leader in the crypto space.
During the signing of the landmark GENIUS Act, President Trump launched a spectacular verbal assault on BRICS, calling the bloc a “little group fading fast”, accusing it of trying to dethrone the US dollar. He reaffirmed his threat of a 10% tariff on any country joining the alliance, claiming the...
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Donald Trump is urging Republicans to support the GENIUS Act, a bill designed to regulate stablecoins and establish the U.S. as a leader in digital assets. Trump... IndiaTimes