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GENIUS Act Becomes Law: Ripple’s RLUSD Set to Challenge US Stablecoin Market, XRP Price Unaffected

GENIUS Act Becomes Law: Ripple’s RLUSD Set to Challenge US Stablecoin Market, XRP Price Unaffected

GENIUS Act Becomes Law: Ripple’s RLUSD Set to Challenge US Stablecoin Market, XRP Price Unaffected President Donald Trump has signed the GENIUS Act into law, a landmark move that establishes a clear regulatory framework for stablecoin issuers in the United States. This new legislation is poised to significantly impact the crypto landscape, particularly benefiting companies like Ripple, which recently launched its new stablecoin, RLUSD. Industry experts confirm that the GENIUS Act provides a crucial competitive advantage for stablecoins such as…

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US GENIUS Act Enacted: New Regulations Drastically Reshape Stablecoin Market, Boost DeFi

US GENIUS Act Enacted: New Regulations Drastically Reshape Stablecoin Market, Boost DeFi

US GENIUS Act Enacted: New Regulations Drastically Reshape Stablecoin Market, Boost DeFi The landmark Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act has officially passed, introducing stringent new regulations designed to prevent technology giants and Wall Street banks from dominating the burgeoning stablecoin market. The legislation, which secured significant bipartisan support last week with over 300 House votes, including 102 Democrats, is set to redefine the landscape for digital currencies in the United States. A pivotal clause within…

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Trump Enacts Landmark Stablecoin Law, Bolstering US Dollar’s Digital Role

Trump Enacts Landmark Stablecoin Law, Bolstering US Dollar’s Digital Role

Trump Enacts Landmark Stablecoin Law, Bolstering US Dollar’s Digital Role In a significant move for the cryptocurrency sector, US President Donald Trump has signed into law a bill establishing a comprehensive regulatory framework for US dollar-backed stablecoins. This legislation, known as the GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins), is poised to integrate these digital assets into mainstream financial transactions and payments. The bill received strong bipartisan support, passing the House of Representatives with a 308-122 vote…

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Trump Enacts GENIUS Act, Ushering in New Stablecoin Regulatory Era

Trump Enacts GENIUS Act, Ushering in New Stablecoin Regulatory Era

Trump Enacts GENIUS Act, Ushering in New Stablecoin Regulatory Era In a pivotal move for the digital asset sector, President Donald Trump has officially signed the GENIUS Act into law, establishing a comprehensive regulatory framework for stablecoins. This landmark legislation, designed to govern digital currencies whose value is pegged to traditional assets like the US dollar, marks a significant shift in the nation’s approach to cryptocurrency. The GENIUS Act outlines crucial provisions for stablecoin issuers, including mandates on who can…

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Trump Signs Landmark Crypto Bill, Ushering in New Stablecoin Era

Trump Signs Landmark Crypto Bill, Ushering in New Stablecoin Era

Trump Signs Landmark Crypto Bill, Ushering in New Stablecoin Era President Donald Trump on Friday, July 18, 2025, signed the “Genius Act” into law at the White House, marking the first major federal legislation to regulate the burgeoning cryptocurrency industry. The new law establishes a comprehensive regulatory framework for stablecoin cryptocurrencies and expands oversight across the sector, fulfilling a key priority for the administration. The “Genius Act” aims to make stablecoins – digital currencies pegged to stable assets like the…

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US Passes Landmark ‘Genius Act,’ Setting National Crypto Regulation

US Passes Landmark ‘Genius Act,’ Setting National Crypto Regulation

US Passes Landmark ‘Genius Act,’ Setting National Crypto Regulation In a significant move for the burgeoning cryptocurrency industry, the United States Congress has successfully passed the ‘Genius Act,’ marking the nation’s first comprehensive national legislation aimed at regulating digital assets. The bill, which establishes a clear regulatory framework for stablecoins, has been a major focus of industry lobbying efforts for years, with substantial financial backing from crypto firms influencing recent elections. President Donald Trump is anticipated to sign the ‘Genius…

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Senate Gives Green Light to Landmark Stablecoin Bill: A Crypto Industry Victory?

Senate Gives Green Light to Landmark Stablecoin Bill: A Crypto Industry Victory?

Senate Gives Green Light to Landmark Stablecoin Bill: A Crypto Industry Victory? In a significant bipartisan victory for the cryptocurrency industry, the Senate passed the GENIUS Act on Tuesday, paving the way for a federal regulatory framework for stablecoins – digital currencies pegged to the US dollar. The 68-30 vote marks a crucial step towards legitimizing the burgeoning digital asset market. The bill allows private companies to issue their own stablecoins, potentially revolutionizing the financial landscape. However, the path to…

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Senate Passes Landmark Crypto Bill; Political Violence, Arrests, and Legal Battles Dominate Headlines

Senate Passes Landmark Crypto Bill; Political Violence, Arrests, and Legal Battles Dominate Headlines

Senate Passes Landmark Crypto Bill; Political Violence, Arrests, and Legal Battles Dominate Headlines The Senate passed the GENIUS Act, establishing the first US regulatory framework for stablecoins. This bipartisan bill (68-30) aims to solidify the US dollar’s dominance in the crypto market and protect consumers. Meanwhile, the political landscape is turbulent. The assassination of a Minnesota state legislator and the wounding of another sparked concerns about the lack of security for state lawmakers. This incident fueled calls for increased protection…

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