The House of Representatives approved the **GENIUS Law**, the first comprehensive legal framework to regulate *stablecoins* in the country. Now it just needs the signature of President Donald Trump, who has already expressed his support.
📌 What does this new law imply?
* Dollar-pegged *stablecoins* must be backed by a **1:1 liquid reserve**.
* Issuers will be required to undergo **regular audits**.
This is a key step to provide more transparency and trust in the use of crypto dollars and other stablecoins in the U.S. Additionally, two other crypto laws have already received preliminary approval. Is a new regulatory era beginning?
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