💥President Donald Trump has enacted the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins Act) on July 18, 2025, marking a milestone for cryptocurrencies in the U.S.
This law, approved by the Senate in June and the House on July 17, establishes the first federal regulatory framework for the #Stablecoins , requiring issuers to back their tokens 1:1 with reserves such as dollars or Treasury bonds, with public disclosure and audits. Although it faced criticism for potential conflicts of interest, this is a crucial step towards mass adoption, bringing clarity and security to the market.
