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…