Trump signs Genius Act into law
Digest more
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.
21hon MSN
President Donald Trump signed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act into law amid much fanfare on July 18. Passed by the Senate on June 17 and the House on July 17, it is the first major crypto-related legislation to become a law in the U.S.
The implementation of the GENIUS Act has injected a shot of adrenaline into the crypto industry, and RICH Miner's XRP liquidity mining strategy is the perfect combination of compliance and innovation. For Ripple holders, now is a great time to cash out their holdings and realize daily returns.
In a major step toward establishing regulatory clarity for digital assets, the House of Representatives passed the Guiding and Establishing
The House of Representatives passed the GENIUS Act, making it the first major piece of federal legislation to regulate stablecoins.
Explore more
Ga., on why she voted against the GENIUS Act: “The Federal Reserve has been planning a CBDC for years and this will open the door to move you to a cashless
Two of the legislations — the GENIUS Act and the CLARITY Act — were passed with significant bipartisan support.
Ripple CEO Brad Garlinghouse compares the passing of the GENIUS Act to that of the historic 2010 Dodd-Frank Act.