Weekly Recap: Congress Passes First Crypto Law!

Description

At 2.30 PM ET today , President Trump is scheduled to sign off on the GENIUS Act . It will be the U.S. first crypto law and it is a momentous moment for an industry that has fought for over a decade for official approval. GENIUS, which regulates the issuance of stablecoins, is likely to have far-reaching implications for payments (especially cross-border), and places blockchain infrastructure at an equivalent approval level of, say, SWIFT. And it was not even the most far-reaching piece of legis...