Trump Signs GENIUS Act — U.S. Embraces First-Ever Crypto & Stablecoin Law
In a major step for U.S. crypto policy, former President Donald Trump has signed the GENIUS Act into law — making it the first federal legislation focused on cryptocurrencies and stablecoins.
Trump described it as a foundational move to secure U.S. leadership in both financial and blockchain innovation, contrasting it with the Biden-era inaction and alleged unfair prosecutions of crypto.
The law introduces regulatory clarity for stablecoins, including:
Full Asset Backing: All stablecoins must be backed 1:1 by USD or equivalent assets.
Mandatory Audits: Stablecoin issuers with over $50B in market cap must undergo annual audits.
Compliance Standards: Introduces structured oversight for large issuers and emerging platforms.
This sets the stage for both consumer protection and institutional adoption.
With this green light, industry heavyweights like Meta and Amazon are reportedly preparing to launch their own stablecoins. Meanwhile, several U.S. states are exploring their own digital currency projects.
The result could be a highly competitive — and possibly chaotic — stablecoin landscape by 2025–2026, depending on how adoption and oversight unfold.
Coming Up Next: CLARITY and Anti-CBDC Bills
The GENIUS Act is only one part of a larger crypto reform package.
Two more bills — the CLARITY Act (which defines digital asset classifications) and the Anti-CBDC Act — have already cleared the House and now await debate in the Senate.
The CLARITY Act, in particular, is seen as critical for long-term crypto industry growth in the U.S.
The GENIUS Act signals a policy shift from neglect to engagement in crypto regulation. If the upcoming CLARITY and Anti-CBDC Acts also pass, the U.S. could become a global leader in digital asset regulation — or risk overcomplicating the landscape with competing government and corporate stablecoins.
Either way, 2025–2026 will be pivotal years for crypto’s legal future in America.
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