President Trump signed the GENIUS Act to regulate stablecoins, praising the crypto industry as vital for the dollar and America, while admitting his support also aimed to win votes.

Trump signs GENIUS Act to regulate stablecoins, requiring backing by liquid assets, as crypto firms seek bank licenses.

President Donald Trump on Friday signed the GENIUS Act into law, in a major milestone for the crypto industry and the president’s stated goal of reshaping American crypto policy.

WASHINGTON: US President Donald Trump on Friday (Jul 18) signed into law the country’s first major regulation on stablecoins, marking a milestone for the cryptocurrency sector as it p

Trump signed into law the GENIUS Act on Friday – a landmark piece of legislation that establishes federal regulations surrounding digital currency.

House Republicans promoted this week as the latest step for the U.S. to become the “crypto capital of the world.”