In a historic move, President Trump has signed the GENIUS Act, establishing a regulatory framework for stablecoins, potentially transforming how cryptocurrencies are used in everyday transactions. Supporters hail it as a major win for the crypto industry, while critics voice concerns over regulatory gaps.
In a pivotal moment for the crypto world, President Trump has signed the GENIUS Act, creating a regulatory framework for stablecoins and drawing a sharp contrast with the Biden administration. This bipartisan legislation aims to bolster the crypto industry while addressing concerns over consumer protection and data privacy.
In a surprising turn of events, the Senate has advanced the GENIUS Act, a pivotal cryptocurrency regulation bill, with bipartisan support. This legislation aims to establish the first regulatory framework for stablecoins and address key consumer protection issues.
In a surprising move, the Trump administration has disbanded the National Cryptocurrency Enforcement Team, shifting focus away from crypto regulation. This decision raises concerns among critics, especially regarding its potential impact on investors and the future of digital finance in the U.S.