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Trump gives green light for stablecoin bill
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Trump gives green light for stablecoin bill

A historic moment has arrived. US President Donald Trump has signed a bill regulating dollar-pegged stablecoins. America is now closer than ever to becoming the global crypto capital.
The US president signed the GENIUS Act, which establishes a regulatory framework for stablecoins linked to the value of the US dollar. Previously, the bill had been approved by the US Senate and sent to President Trump for signature.
In addition, the US Congress approved three more bills regulating the country’s digital financial asset market. This event stirred the markets and boosted the price of Bitcoin.
“President Donald J. Trump signed the GENIUS Act into law, a historic piece of legislation that will pave the way for the United States to lead the global digital currency revolution,” the White House press release stated.
Earlier, the American leader had pledged to transform the United States into the global capital of cryptocurrency. In March 2025, Trump initiated the creation of a strategic reserve of digital assets, including tokens such as Cardano (ADA), Solana (SOL), and Ripple (XRP).
Published 25 July 2025
© InstaFintech Group
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