- Main event, leadership changes, market impact, financial shifts, or expert insights.
- Major U.S. legislation for stablecoin regulation.
- Enhances market clarity and institutional investment.
President Donald Trump signed the GENIUS Act into law on July 18, 2025, at the White House, marking a significant milestone in U.S. cryptocurrency regulation, particularly focusing on stablecoins.
The GENIUS Act sets a clear regulatory framework for stablecoins, enhancing the U.S. market position and attracting institutional capital. President Trump, known for his evolving stance on cryptocurrencies, emphasized the importance of establishing a clear and robust regulatory environment. The GENIUS Act is the first federal law to specifically address crypto regulation, particularly focusing on dollar-backed stablecoins.
“I pledged that we would bring back American liberty and leadership and make the United States the crypto capital of the world, and that’s what we’ve done. The Genius Act creates a clear and simple regulatory framework to establish and unleash the immense promise of dollar-backed stablecoins.” – President Donald J. Trump, President of the United States
Passed after bipartisan support in both the House and Senate, the act aims to stimulate institutional investment and enhance public trust in stablecoins. Major U.S.-based crypto companies’ leaders attended the signing ceremony.
The new law is expected to benefit the stablecoin sector, potentially increasing its liquidity and exchange flows. It also sets the stage for future digital asset regulation in the U.S., potentially affecting Bitcoin and Ethereum markets.
Observers expect increased regulatory clarity to drive stablecoin adoption and boost the broader cryptocurrency market. Historical trends suggest that market activity and liquidity often surge following such regulatory advancements.
Industry experts believe the GENIUS Act could create significant opportunities for financial institutions and enhance technological innovation in the crypto sector. The act’s impact will be closely monitored by industry stakeholders.
Disclaimer: The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions. |