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News in English (USA) / 20.07.2025 / 11:00

Trump Signs Landmark Crypto Legislation Amidst Controversy

In a historic week for cryptocurrency in the U.S., President Trump signed the GENIUS Act into law, marking the first major federal legislation regulating stablecoins. The bill, aimed at establishing American dominance in the crypto market, comes amidst intense discussions and a flurry of activity in Congress. Advocates claim that the new law will help restore trust around stablecoins, while critics express concerns over potential conflicts of interest and implications for financial stability. As cryptocurrency prices soar on the news, analysts are left to contemplate what the future holds for digital assets under this new regulatory framework.
Axios, NPR, The White House (.gov), ABC News, UnHerd, Bloomberg.com, The Washington Post, NBC News, Reuters, Al Jazeera