On July 17, 2025, Donald Trump signed the GENIUS Act, activating U.S. involvement in the cryptocurrency market and significantly driving Bitcoin to all-time highs.
Signing of the GENIUS Act
Donald Trump enacted the GENIUS Act to emphasize the U.S.'s commitment to leading in the cryptocurrency space. This act aligns with his campaign promise to transform America into the 'crypto capital of the world'.
Impact on the Bitcoin Market
The GENIUS Act has already made a significant impact on the Bitcoin market, leading it to record levels. Increased demand for U.S. Treasuries and the mainstreaming of stablecoins are contributing factors that reaffirm the U.S.'s leading role in the global crypto landscape.
Future of Cryptocurrency in the U.S.
Key changes in digital asset regulation are anticipated, including increased institutional investment in Bitcoin and clearer regulatory frameworks for cryptocurrencies. Analysts predict that the U.S. will significantly influence global financial markets through consistent crypto policies.
With the enactment of the GENIUS Act, the Trump administration sets a new course for the cryptocurrency sector in the U.S. This initiative underscores the country's aspirations toward leadership in the digital economy and may substantially alter the global financial landscape.