President Donald Trump signed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act into law on July 18, 2025, establishing the first major federal regulatory framework for cryptocurrencies in the United States. The legislation, focused on regulating stablecoins—digital currencies pegged to stable assets like the U.S. dollar—represents a significant milestone for the crypto industry, which has long sought clarity to foster mainstream adoption. The signing, celebrated at a White House ceremony attended by industry leaders and lawmakers, aligns with Trump’s campaign pledge to make the U.S. the “crypto capital of the world.” Key Provisions of the GENIUS Act The GENIUS Act introduces a federal framework for stablecoins, which currently dominate a $267 billion market led by issuers like...