Trump signs Genius Act into law
Digest more
President Trump signed the GENIUS ACT into law. What should you expect now that it has and who will be involved.
The stablecoin regulation bill looked dead in the water on Tuesday, but Trump now indicates progress. Related stocks like Circle are reacting.
On Tuesday, a dozen conservatives sank a procedural vote to advance three crypto bills, including the GENIUS Act, which establishes a regulatory framework for the $250 billion market for stablecoins, a type of cryptocurrency tied to the value of an asset like the U.S. dollar.