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Crypto Lawyer Argues GENIUS Act Sets The Stage For DeFi Expansion

2025-07-19 15:19:41

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In a historic move for the digital asset industry, US President Donald Trump signed the GENIUS Act into law on Friday, marking the first major federal legislation governing cryptocurrency. The bill, which passed the Senate last month and was approved by the House of Representatives on Thursday with bipartisan support, introduces a comprehensive framework for regulated stablecoins backed by the US dollar. The law is widely seen as a turning point for the crypto space, offering long-awaited legal ...

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