#StablecoinLaw On July 18, 2025, the US government officially signed the **GENIUS Act**, the first federal law in the country regulating **stablecoins**. This law requires that stablecoins be fully backed by assets such as US dollars or short-term debt securities, with issuers required to disclose their reserves monthly. It also includes compliance measures against money laundering and restricts large technology companies from issuing stablecoins without the proper licenses. The aim is to enhance mainstream adoption and provide legal clarity for banks and fintech companies. Although considered a significant step forward, critics argue that this law lacks strong consumer protections, such as deposit insurance. With this move, the US joins other regions like the EU and Singapore that have implemented strict stablecoin regulations.