Crypto, GENIUS
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President Trump, who is rapidly expanding his fortunate by investing in crypto, has now signed the first major piece of crypto legislation into law.
Trump signed into law the GENIUS Act on Friday – a landmark piece of legislation that establishes federal regulations surrounding digital currency.
Experts say the legislation could unleash a tidal wave of new stablecoins—and fresh complaints about President Trump's crypto entanglements.
Coinage Media host and financial reporter Zack Guzman discusses what the GENIUS Act, signed into law Friday by President Trump, means for the cryptocurrency industry.
US President Trump is expected to sign the GENIUS Act into law on Friday, marking the first major crypto legislation. Chamber of Progress CEO and founder Adam Kovacevich joins Market Catalysts to discuss the legislation and what it means for the crypto space.
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The House of Representatives passed the GENIUS Act, making it the first major piece of federal legislation to regulate stablecoins.
A legislative win in Congress, and the promise of more to come, has helped lift the prospects and the wealth of the cryptocurrency industry.
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Intelligencer on MSNCongress Just Injected Crypto Directly Into the Most Stable Part of the EconomyThere would be a great irony if cryptocurrency — which was created in 2008 to provide an alternative to the mainstream financial system that had just failed — led to another economic crash. But that is what a handful of experts fear could happen now that Congress has passed the GENIUS Act, a major piece of crypto legislation.