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  - WN.COM - Business - 19/Jul 11:21

Trump signs GENIUS Act into law, legitimising stablecoins

US President Donald Trump displays the GENIUS Act after signing it in the East Room of the White House in Washington, DC, on July 18, 2025. — AFP WASHINGTON: US President Donald Trump on Friday signed into law a bill establishing a regulatory framework for dollar-pegged cryptocurrencies, or stablecoins — a major step towards integrating digital assets into everyday financial transactions. Known as the GENIUS Act, the legislation had already cleared the Senate and was passed in the House of Representatives by a 308-122 vote, gaining support from most Republicans and nearly half of Democratic lawmakers. The new law marks a significant victory for cryptocurrency...

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