Trump signs GENIUS Act, 1st federal law regulating crypto
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Nik Bhatia, Founder of The Bitcoin Layer and an Adjunct Finance Professor at USC Marshall School of Business, reacts to the passing of the crypto 'Genius Act' bill by the White House.
President Trump signed the GENIUS ACT into law. What should you expect now that it has and who will be involved.
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GENIUS Act will be 'very helpful' in providing trust around stablecoin: MARA CEOMARA CEO Fred Thiel discusses the impact of the GENIUS Act on the company, the 'rapidly maturing' crypto industry and U.S. energy policy during and interview on 'Mornings with Maria.'
The House on Thursday passed a bill setting up a regulatory framework for payment stablecoins, sending the cryptocurrency bill to President Trump’s desk and marking a major win for the industry.
House Republicans promoted this week as the latest step for the U.S. to become the “crypto capital of the world.”
With Ethereum sitting at the center of the GENIUS Act tailwind, stablecoin dominance, and growing institutional allocations, a push to $4k before Q3 close is increasingly looking like a base case.
After clearing a procedural hurdle in the House of Representatives by a 215-211 vote on 16 July, the GENIUS Act now heads to floor debate, having already secured bipartisan Senate