President Trump signed a historic bill to regulate cryptocurrency on Friday, hailing the technology's "exciting new frontier" a day after the bill passed the House. The legislation, called the GENIUS Act, is the first major law regulating digital currency and establishing a regulatory framework for the $250 billion stablecoin market. Stablecoins are relatively considered a type of cryptocurrency since their value is securely linked to other assets, such as the dollar. The bill passed the House on Thursday with the support of 206 Republicans and 102 Democrats. "We worked hard. It's a very important law, the GENIUS Act. They named it after me," the president joked in the East Room of the White House. "I want to thank you. That's quite an act." Members of Congress and top executives of Robinhood, Tether, Gemini and other cryptocurrencies

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