On July 18, President Donald Trump signed into law the boastfully named GENIUS Act. If the law wreaks havoc on the financial system, as seems highly likely, that name will become a grim joke: What ...
In July 2025, President Donald Trump signed the bipartisan-supported Guiding and Establishing National Innovation for U.S. Stablecoins Act (the “GENIUS Act” or the “Act”) into law. The GENIUS Act is ...
The GENIUS Act is ushering in a new era of regulatory oversight for digital assets, particularly stablecoins, in the United States. By classifying stablecoin issuers as financial institutions, ...