Trump signs Genius Act into law
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The GENIUS Act, now signed into law, gives stablecoin issuers like Ripple a clear regulatory path but is expected to have limited direct impact on XRP’s price. Ripple’s new stablecoin, RLUSD, positions the company to compete domestically with USDC and PayPal USD as a native U.S. liquidity provider.
Movement on the crypto front at the federal level has the potential to usher in substantial change. Here's what it means for your portfolio.
What Is the Genius Act? The Genius Act—short for Global Economic Nexus for Inclusive Utility and Sustainability—is a progressive law that encourages blockchain innovation while emphasizing environmental responsibility and user protection.
President Trump signed the GENUIS Act, which is the first major piece of crypto legislation. NBC News' Christine Romans breaks down what is in the act and how this could impact Americans.
XRP jumps 6% after the House advances the GENIUS Act, boosting Ripple’s RLUSD strategy and bringing new regulatory clarity.
In a major step toward establishing regulatory clarity for digital assets, the House of Representatives passed the Guiding and Establishing
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Investor's Business Daily on MSNTrump Signs GENIUS Stablecoin Act, Crypto Week Scores Major WinsThe House on Thursday passed the CLARITY market structure bill for digital assets, GENIUS stablecoin bill, and an Anti-CBDC bill.
Tether USDT compliance with the US GENIUS Act confirmed by CEO Paolo Ardoino, signaling major changes for stablecoins in the U.S. regulatory landscape.
What does passage of the GENIUS Act mean for the cryptocurrency sector? Seeking Alpha analysts weigh in. Read more here.
SEC Chair Paul Atkins has highlighted the need to develop a tokenized securities ecosystem as the movement of assets on-chain is inevitable. The Chairman of the US Securities and Exchange Commission (SEC), Paul Atkins, has lauded the landmark passage of the GENIUS Act and how this lays the foundation for serious innovation.
Trump signs GENIUS Act into law after tumultuous crypto week as Bitcoin maintains $119K support with flag pattern targeting $181K breakout.