The bipartisan GENIUS Act, signed by President Trump, establishes stablecoin regulations, marking a pivotal move towards formalizing the crypto sector in the U.S.
The U.S. has enacted its first federal law on cryptocurrency, the bipartisan GENIUS Act, which regulates stablecoins and was signed by President Trump. This legislation aims to legitimize the crypto industry by providing regulatory clarity, enhancing consumer protection, and empowering the U.S. Treasury to promote its framework globally. The CLARITY Act and Anti-CBDC Surveillance State Act are pending Senate review, highlighting ongoing efforts to shape the digital asset landscape.