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July 23, 2025

President Trump Signs GENIUS Act: A Milestone for Crypto Industry and Stablecoins Regulation

"President Donald Trump signing the GENIUS act for cryptocurrency policy surrounded by floating digital symbols of stablecoins on a striking midnight blue background with orange and dark blue accents. Lower bar emphasizes 'Crypto Industry', 'Stablecoins', and 'Financial Revolution'."
President Donald Trump recently signed into law a ground-breaking piece of legislation for the world of cryptography, known as the GENIUS Act. A significant step towards creating a favorable legislative landscape for cryptocurrencies in America, the GENIUS Act establishes a critical regulatory framework for the utilization and issuance of stablecoins.

The Inception of GENIUS Act

The inception of the GENIUS Act marks a momentous occasion for the field of cryptocurrencies. The new law was carved out with the explicit purpose of spearheading the transformation of crypto policy in America, with President Trump clearly stating his intent to reinvigorate American leadership and freedoms in the cryptocurrency world. He ambitiously set his sights on promoting the United States as the global hub of cryptocurrencies.

The Signing Ceremony

At the signing ceremony held last Friday, President Trump affirmed his commitment towards not just realizing this vision, but also ensuring that the country indeed becomes the nascent capital of both domestic and global crypto activities. In his speech, President Trump proudly declared that the promise to refurbish American dominance in the crypto game has been accomplished, a testament to the strides made in advancing the blockchain and cryptocurrency industries.

Framework for Stablecoins

A pivotal part of the GENIUS Act involves the provision of a systematic scaffold for private organizations to issue stablecoins. These are a unique subset of cryptocurrencies, the value of which is tethered to an external financial commodity such as the American dollar. The introduction of the Act provides the stimulus necessary for the mass acceptance and use of such stablecoins, thereby greasing the wheels of the digital currency revolution.

GENIUS Act as a Revolution

In addition to the practical applications of the GENIUS Act, President Trump also spoke about the Act’s theoretical implications. He opined that the GENIUS Act could prove to be a revolutionary step in the space of financial tech or FinTech, comparing its significance to the monumental impact that the advent of the internet had on the modern world.

View of the SEC Chair

The Act has also received rave reviews from the chair of the Securities and Exchange Commission (SEC), Paul Atkins. Appointed by President Trump, Atkins, a known advocate of cryptocurrencies, referred to the GENIUS Act as a colossal advancement for not just cryptocurrencies but also for the broader financial markets of the country.

Price Impact

In the aftermath of the GENIUS Act being signed into law, the value of Ether, the second most significant digital currency following Bitcoin, has witnessed steady growth. Conversely, the price of Bitcoin has been marginally impacted, but the legislation overall has been seen as potential drivers for crypto legitimacy and an assurance of a robust legislative framework.

Stablecoin Issuer Companies Affected

Following the inception of the GENIUS Act, shares of several crypto companies have continued to perform with stability. These include the Circle Internet Group, the largest U.S. issuer of stablecoins, Strategy, and major crypto miner MARA Holdings.

Other Potential Crypto Legislation

Two other noteworthy pieces of legislation are waiting in the wings, having gained approval from the House of Representatives. However, before they can reach President Trump for a signature, they must first clear the hurdle of the Senate. The CLARITY Act, aimed at offering a consistent framework for crypto regulation, and the Anti-CBDC Surveillance State Act seeking to deter the Federal Reserve from presenting a Central Bank Digital Currency, are anticipated to shepherd in fresh operational norms for crypto-assets.
James Carter

Financial Analyst & Content Creator | Expert in Cryptocurrency & Forex Education

James Carter is an experienced financial analyst, crypto educator, and content creator with expertise in crypto, forex, and financial literacy. Over the past decade, he has built a multifaceted career in market analysis, community education, and content strategy. At AltSignals.io, James leads content creation for English-speaking audiences, developing articles, webinars, and guides that simplify complex market trends and trading strategies. Known for his ability to make technical finance topics accessible, he empowers both new and seasoned investors to make informed decisions in the ever-evolving world of digital finance.

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