#StablecoinLaw ablecoinLaw The topic of "Stablecoin Law" has seen significant developments recently, as U.S. President Donald Trump signed the "Stablecoin" law known as the "GENIUS Act" on Friday, July 18, 2025. This law serves as a federal regulatory framework for stablecoins pegged to the dollar, imposing strict requirements such as full backing with cash reserves, monthly financial audits, and compliance with anti-money laundering laws.
The law aims to enhance trust in the cryptocurrency market and facilitate faster and cheaper payments. At the same time, China has approved its first cash fund for the digital yuan, reflecting the growing global interest in regulating these digital assets. In the Arab region, some countries like the United Arab Emirates are seeking to develop regulatory frameworks for stablecoins.