#StablecoinLaw

President Trump has officially signed the GENIUS Act into law, marking a major milestone for the crypto industry during Crypto Week.

The law establishes clear regulations for US dollar-backed stablecoins, mandating full one-to-one dollar reserves. It also introduces a conflict of interest clause, barring members of Congress and their families from profiting off stablecoins—though this restriction notably excludes Trump and his family.

Trump praised the move as a giant step forward and a powerful validation of the crypto space. This legislation could reshape America’s role in global crypto leadership and spark a new wave of confidence in digital finance.