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🚨 URGENT 🚨
Trump signs the GENIUS Act, making the US the epicenter of stablecoins.
The legislation was overwhelmingly approved in both chambers and signed today at the White House, in front of the most influential leaders of the cryptocurrency ecosystem.
A before and after in digital asset regulation
On July 18, 2025, President Donald Trump officially signed the GENIUS Act (the "Guidance and Establishment of National Innovation for US Stablecoins Act"), consolidating the first major legal framework for stablecoin issuers in the country.
The signing took place in the East Room of the White House, surrounded by congressmen and industry leaders such as Brian Armstrong (Coinbase), Paolo Ardoino (Tether), Jeremy Allaire (Circle), the Winklevoss brothers (Gemini), and Dave Ripley (Kraken).
The initiative, approved with 308 votes in favor in the House of Representatives and 68 in the Senate, represents a turning point in US financial policy and is emerging as the foundation of a global strategy to consolidate the dominance of the digital dollar.
Crypto Week: An analysis of this historic week for the world of cryptocurrencies
What the GENIUS Act implies
The text establishes clear requirements for stablecoin issuers, including reserve disclosures, governance controls, operational safeguards, and alignment with consumer protections. Now, federal financial and banking agencies must implement and oversee its provisions.
According to David Sacks, the cryptocurrency and AI czar at the White House, this legislation is the first step toward a global payment infrastructure based on US stablecoins, individually supported by American banks and potentially attracting trillions in demand for Treasury securities.
Trump: "We went from mockery to leadership"
During the event, Trump was relentless in his criticism of the previous administration: "Half of you were arrested during the Biden administration. Today you are at the White House, signing a historic law."
