President Donald Trump Officially Signs The GENIUS Act Into Law: What’s Next for Crypto?

2025-07-18 21:35:22

Main Idea

The GENIUS Act, signed into law by President Donald Trump, aims to regulate the stablecoin market and is seen as a significant milestone for the crypto industry.

Key Points

1. The GENIUS Act was enacted into law on July 18, witnessed by top crypto leaders including Tether CEO Paolo Ardoino and Coinbase representatives.

2. President Trump compared the significance of the GENIUS Act to the birth of the internet during the signing ceremony.

3. The Act is designed to regulate the stablecoin market, which had a net valuation exceeding $264 billion at the time of enactment.

4. SEC Commissioner Hester Peirce encouraged engagement with the Crypto Task Force to address regulatory needs under the GENIUS Act.

Description

The post President Donald Trump Officially Signs The GENIUS Act Into Law: What’s Next for Crypto? appeared first on Coinpedia Fintech News After passing the final House vote on Thursday, the GENIUS Act was enacted into law by President Donald Trump on Friday, July 18. The signing into law of the Genius Act was witnessed at the White House by top crypto leaders, including Tether (USDT) CEO Paolo Ardoino and Coinbase Global Inc. (NASDAQ: COIN) CEO Brian Armstrong. The landmark crypto legislation w...

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