July 19, 2025 11:24 AM July 19, 2025 11:24 AM
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US President Donald Trump Signs GENIUS Act; Establishing Framework for Dollar-Backed Stablecoins
US President Donald Trump has signed a law to create a regulatory regime for US-dollar-pegged cryptocurrencies known as stablecoins. The bill, dubbed the GENIUS Act, passed the House with strong bipartisan support, 308-122, receiving the support from nearly half the Democratic members and most Repub...