President Trump Signs GENIUS Act, Regulating Dollar-Pegged Stablecoins

President Donald Trump has signed the GENIUS Act into law, creating a regulatory framework for US dollar-pegged cryptocurrencies, also known as stablecoins. The move is seen as a major victory for the crypto industry, which has been pushing for regulatory clarity and mainstream acceptance. The new law aims to ensure transparency, consumer protection, and innovation within the digital financial sector.

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