Trump signs stablecoin bill into law in key crypto milestone

Jul 19, 2025 - 01:00
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Trump signs stablecoin bill into law in key crypto milestone
President Trump signed the first major cryptocurrency bill into law Friday, marking a key milestone for an industry that has found a crucial ally in the president.  He touted the GENIUS Act, which establishes a regulatory framework for dollar-backed digital tokens called stablecoins, as “a giant step to cement the American dominance of global finance…