The president signed the GENIUS Act, which would establish a regulatory framework for stablecoin, but critics have raised concerns over conflicts of interest.

However, as Congress moves on to debate a second bill that would create regulations around cryptocurrencies and exchanges, critics warn that the passage of stablecoin legislation

Technology Technology   The Big Story Trump seals the deal on stablecoin bill President Trump signed the first major cryptocurrency bill into law Friday, marking a key

Two of the legislations — the GENIUS Act and the CLARITY Act — were passed with significant bipartisan support.

The House is voting on a trio of bills intended to boost the legitimacy of the cryptocurrency industry with new regulations

Trump himself, of course, stands to benefit because of his holdings in the $TRUMP memecoin and his kids’ crypto project World Liberty Financial—which just happened to have recently launched a stablecoin,

The Republican-controlled U.S. House of Representatives cleared key procedural hurdles on crypto legislation on Wednesday, a day after President Donald Trump intervened to save the initiative, paving the way for the first federal law for digital assets.

After a setback when House Republicans failed to advance a vote on crypto-related legislation, Trump said he struck a deal with GOP lawmakers to move it forward Wednesday.