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Trump signs GENIUS Act into law
President Donald Trump signed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act into law amid much fanfare on July 18. Passed by the Senate on June 17 and the House on July 17, it is the first major crypto-related legislation to become a law in the U.S.
Experts say the legislation could unleash a tidal wave of new stablecoins—and fresh complaints about President Trump's crypto ...
Tether issues 2 billion USDT, sparking concerns amid U.S. regulatory threats like the GENIUS Act. Will tighter audits impact ...
Tether hits $160B market cap milestone as US GENIUS act threatens stablecoin dominance through mandatory third-party audits.
Tether faces tough choices under the GENIUS Act, which mandates transparency for stablecoin issuers in the US, or risk being ...
However, Tether has never completed a full, independent audit. This remains a major red flag. The GENIUS Act now brings that ...
The GENIUS Act prompted Ripple and Circle to apply for U.S. bank charters as Congress cleared new stablecoin regulations.
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