The U.S. Passes First Official Crypto Law. Signed by former
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Updated at: a day ago
{"content":"The U.S. Passes First Official Crypto Law. Signed by former President Donald Trump, the GENIUS Act focuses on regulating stablecoins:
• Stablecoins are now legal but must be backed 1:1 with U.S. dollars
• The U.S. Treasury can freeze suspicious transactions instantly
• Issuers must comply with strict KYC/AML rules
• Banks are allowed to issue their own stablecoins
• All crypto projects must get government approval
Opinions are divided: some see this as a step toward crypto integration, others as a move toward tighter government control.
#TRUMP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/21/0d947f89e97540d982e9587eb2ca5d7d.png"],"tags":[],"tradingPairs":[],"quotearticleid":0}