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Congress Passes GENIUS Act in Major Win for US Crypto Industry
PositiveTechnology
The US Congress just passed the GENIUS Act, a big deal for the cryptocurrency industry. The law is expected to turbocharge the creation of stablecoins—cryptocurrencies pegged to stable assets like the dollar. But it’s also stirring up old debates, with critics pointing to former President Trump’s controversial ties to the crypto world.
Editor’s Note: This isn’t just another piece of legislation—it could reshape the crypto landscape in the US. Stablecoins are a key piece of the digital finance puzzle, and clearer rules might mean more innovation (and investment). But the political baggage here—especially around Trump—means the law could also reignite some messy arguments. If you care about crypto’s future, this is one to watch.
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Global Coverage
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Know what’s trending, globally
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Learn moreLive Stats
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204
Last Updated
2 hours ago
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How it works1-Minute Daily Briefing
Stay sharp in 60 seconds. Get concise summaries of today’s biggest stories — markets, tech, sports, and more