Trump signs new stablecoin regulations into law, a major milestone for crypto industry
WASHINGTON (AP) — President Donald Trump on Friday signed into law new regulations for a type of cryptocurrency, a major milestone for an industry that has spent heavily to strengthen its legitimacy and political might. The GENIUS Act sets initial guardrails and consumer protections for stablecoins, which are tied to assets like the U. S. dollar to reduce price volatility compared with other forms of cryptocurrency. It passed both the House and Senate with wide bipartisan margins. The new is...
Read MoreFri, 18 Jul 2025
- Trump signs new stablecoin regulations into law, a major milestone for crypto industry
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