{"content":"$TRUMP Trump Signs Landmark GENIUS Act, First US Stablecoin Law President Donald Trump signed the GENIUS Act into law on July 18, 2025, making it the first major federal legislation to regulate stablecoins in the United States. Officially titled the Guiding and Establishing National Innovation for US Stablecoins Act, the bill creates a sweeping framework for overseeing stablecoins—digital tokens pegged to traditional assets like the U.S. dollar. Passed with bipartisan support, the law establishes licensing standards, reserve requirements, and oversight mechanisms for issuers, while also barring interest-bearing stablecoins and imposing ethics rules on government officials. Seen as a breakthrough by the crypto industry, the act aims to spur innovation while enforcing guardrails for consumer protection. Despite criticism from Democrats over regulatory gaps and Trump’s personal crypto holdings, the White House hailed the measure as essential for preserving U.S. financial dominance. The law will take effect by early 2027, pending final rules from the Treasury and Federal Reserve. “This afternoon, we take a giant step to cement American dominance of global finance and crypto technology as we sign the landmark GENIUS Act into law,” Trump declared when he signed the act into law.","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/19/e7adbc673308448ab23b74e9ffe960ab.png"],"tags":[],"tradingPairs":["TRUMP/USDT"],"quotearticleid":0}