Trump to Sign the Historic GENIUS Act Into Law. What Does It Mean for Crypto?

Description

The "Guiding and Establishing National Innovation for U.S. Stablecoins Act," otherwise known as GENIUS, will become law later this Friday when U.S. President Donald Trump signs the first major piece of legislation addressing digital assets. This is a historic law for the digital assets industry, which has been craving for regulatory clarity for years. But what is it? The GENIUS bill, which started in the Senate, sets up a regulatory framework to address stablecoins, cryptocurrencies whose values...