Trump signs stablecoin bill into law
Digest more
Technology Technology The Big Story Trump seals the deal on stablecoin bill President Trump signed the first major cryptocurrency bill into law Friday, marking a key
The stablecoin bill, known as the Genius Act, and the crypto market structure bill, known as the Clarity Act, both received notable bipartisan support. Democratic lawmakers joined with Republicans to pass the stablecoin bill 308-122.
President Trump signed the first major cryptocurrency bill into law Friday afternoon, touting its landmark status. He hailed the GENIUS Act, which establishes a regulatory framework for dollar-backed digital tokens called stablecoins,
The US House on Thursday passed major bipartisan legislation that aims to regulate a type of cryptocurrency known as stablecoins, sending the bill to the president’s desk for his signature.
President Trump is slated Friday to sign the first major federal law governing cryptocurrency, a business that Trump's family have begun forging strong ties to and have promoted in recent years.
Explore more
President Trump makes a joke about autopens while signing the landmark GENIUS Act into law, a new bill aimed at regulating cryptocurrency.
Galaxy is expanding aggressively to meet surging demand and remain competitive as more investors flood into the cryptocurrency sector, the company’s global head of asset management said.