Trump Signs GENIUS: A Milestone for Cryptocurrency Legislation
2025-07-18 19:49:33
Main Idea
President Trump signed the GENIUS bill into law, establishing a regulatory framework for stablecoins and addressing cryptocurrency-related issues, while also opposing the creation of a central bank digital currency (CBDC).
Key Points
1. The GENIUS bill, recently approved by the House of Representatives, was signed into law by President Trump.
2. The bill provides a regulatory framework for stablecoins and addresses concerns about money transfer inefficiencies.
3. Trump opposed the creation of a central bank digital currency (CBDC) during his remarks.
4. The signing ceremony highlighted Trump's engagement with lawmakers to ensure the bill’s approval.
Description
The GENIUS bill, crucial for stablecoins, was signed by Trump. Trump committed to resisting central bank digital currencies. Continue Reading: Trump Signs GENIUS: A Milestone for Cryptocurrency Legislation The post Trump Signs GENIUS: A Milestone for Cryptocurrency Legislation appeared first on COINTURK NEWS .
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