Trump signs landmark GENIUS Act, establishing first federal stablecoin regulatory framework
President Trump signed the GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins Act), creating the first federal regulatory system for stablecoins. The legislation requires 100% reserve backing and monthly public disclosures, simultaneously establishing a legal framework that benefits World Liberty Financial’s USD1 stablecoin, a venture partially owned by the Trump family.
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