US President Donald Trump displays the GENIUS Act (Guiding and Establishing National Innovation for … More US Stablecoins Act), which codifies the use of stablecoins after signing it in the East Room of the White House in Washington, DC, on July 18, 2025. (Photo by Brendan SMIALOWSKI / AFP) (Photo by BRENDAN SMIALOWSKI/AFP via Getty Images)
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On July 18, 2025, President Donald J. Trump signed the GENIUS Act into law, the first federal legislation focused on stablecoin regulation. The signing marked a major step in U.S. crypto oversight and signaled the country’s push to lead in digital finance.
“Today cements the American dominance in digital assets,” President Trump said during the signing ceremony, joined by lawmakers and industry leaders. “It’s good for the dollar and it’s good for the country.”
The law establishes a comprehensive federal…