On July 18, 2025, U.S. President Donald Trump signed the GENIUS Act, bringing significant changes to stablecoin regulation in the country.
Signing of the GENIUS Act
President Trump officially signed the GENIUS Act at the White House, marking a significant shift in U.S. cryptocurrency regulation, particularly regarding stablecoins. The signing event was attended by industry representatives.
Key Provisions of the Act
The GENIUS Act mandates a federal regulatory system for stablecoins, requiring 100% reserve backing and monthly disclosures. This legislation aims to increase market trust and consumer protection.
Impact on the Crypto Industry
The reception of the new law within the crypto industry is positive, as it is expected to boost investor confidence and attract additional capital. Regulatory clarity is anticipated to enhance on-chain activity and increase interest in stablecoins.
The GENIUS Act represents the first major U.S. law in the cryptocurrency sector, establishing a clear and simple regulatory framework for stablecoins that may foster further development in the American crypto marketplace.