Trump Signs GENIUS Act: What the New U.S. Stablecoin Law MeansPresident Donald Trump has signed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, creating the first comprehensive federal framework for dollar‑pegged crypto tokens. The law, finalized over the weekend after the House cleared it on July 17, requires issuers to hold 100% high‑quality liquid reserves, publish monthly reserve reports, and operate under a new federal licensing regime.
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