Trump Hails GENIUS Act As The Key To US Digital Asset Supremacy
US President Donald Trump has thrown his weight behind the Senate’s stablecoin bill, calling it “pure GENIUS” and urging the House to pass it “lightning fast.” Related Reading: E‑Commerce Meets Crypto: China’s Digital Marketplace Eyes Stablecoin For Faster Payments According to his Truth Social post, the Senate “just passed an incredible Bill” that will make […]
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The US Treasury Department is putting the GENIUS Act into action with a 60-day comment period to gather ideas on detecting illicit crypto activity. By establishing a stablecoin framework and seeking input, the Treasury is working to shape the Web3 sector. Under Trump, their ultimate ambition is to bolster crypto innovation safely. Such regulatory clarity […]
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