Trump to Sign GENIUS Act Into Law – Major Win for Crypto?
A new bill is shaking up the crypto world — and it’s called the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins). Expected to be signed into law by President Trump, it’s the first major regulation focused on stablecoins in the U.S.
Here’s why it matters
What’s in the GENIUS Act?
Creates a regulatory framework for U.S. dollar-backed stablecoins
Oversight split:
Fed handles bank-issued stablecoins
OCC regulates non-bank issuers with over $10B in circulation
Requires stablecoin reserves to be in USD, Treasurys, or approved assets
Treats issuers as financial institutions with KYC/AML obligations
Why It Matters for Crypto
Brings legal clarity to stablecoins
May accelerate crypto adoption in payments & finance
Encourages innovation in blockchain-based banking
Expands access in countries suffering from inflation or unstable currencies
“This law will unlock the next wave of financial tech,” said Avery Ching, Aptos CEO.
The Politics Behind It
While some Democrats raised concerns over consumer protections, the bill passed with strong bipartisan support after key adjustments.
If signed, the GENIUS Act could make the U.S. a global leader in stablecoin regulation — and push crypto further into the mainstream.
🔥 Big step for crypto? Or just the beginning?
#CryptoNews #GENIUSAct #Stablecoins #Trump #USDC #USDT #Blockchain #CryptoRegulation #DeFi #CryptoAdoption
