Trump signs GENIUS Act, first federal law regulating crypto

Published on Saturday, July 19, 2025 by CBS Money Watch | Found on Glideslope.ai
President Trump held a signing ceremony at the White House on Friday after Congress passed the GENIUS Act, a landmark federal law that will regulate cryptocurrency. Specifically, the GENIUS Act will set government guidelines for the cryptocurrency known as stablecoin. Nikhilesh De, managing editor for global policy and regulation for the cryptocurrency news site CoinDesk, was at the signing and has more.
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