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U.S. House Passes GENIUS Act on July 18, Awaiting Trump’s Signature

2025-07-17 20:05:44

U.S. House Passes GENIUS Act on July 18, Awaiting Trump’s Signature

Main Idea

The U.S. House of Representatives passed the GENIUS Act on July 18, advancing a framework for innovation governance, reflecting increased governmental focus on fostering technological development with regulatory oversight.

Key Points

1. The U.S. House of Representatives approved the GENIUS Act on July 18.

2. The Act aims to establish a framework for innovation governance.

3. It reflects a growing governmental emphasis on promoting technological development alongside regulatory oversight.

Description

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