NEW: 🇺🇸 President Trump to sign the crypto GENIUS Act into law today.

America is embracing Bitcoin and crypto 🙌 #source link1 #source link2


This is definitely great news for the crypto market, especially for the Bitcoin market. If Donald Trump's genius signature is successful, it will increase customer protection, ensure reserves for stability, and take steps to prevent fraud and illegal transactions.

I can't yet describe the impact of this signature. What do you think? Will this signature bring anything positive to the Bitcoin market? Or how beneficial is it for the Bitcoin market?

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Update-

JUST IN: 🇺🇸 President Trump says, “Big signing at 2:30 in the White House.” 👀

He plans to sign the GENIUS Act into law today source link

First one is the Genius Act, which is already in its second phase after being passed by the senate preceding month. It includes regulations for Stablecoins, their reserve, registration and transparency. 

Second, the CLARITY Act, defining CFTC and SEC roles in the regulation of the digital assets for long anticipated lucidity in market’s infrastructure.

And Finally, the anti CBDC Act, supported by market advocates designed to stop the use of centre-issued digital currencies for retail use over data privacy issues.