President Trump on Friday is signing the Genius Act, the first major federal law governing cryptocurrencies. The law establishes federal regulations for “stablecoins,” which are viewed as a relatively safe type of cryptocurrency because their value is pegged to fixed assets, like the dollar. The Genius Act passed in the House on Thursday by a
Trump signed into law the GENIUS Act on Friday – a landmark piece of legislation that establishes federal regulations surrounding digital currency.
Rep. María Elvira Salazar (R-Fla.) speaks during GRAMMYs Advocacy Day on Capitol Hill on May 1, 2024. Leigh Vogel/Getty Images for Recording Academy Reps. María Elvira Salazar (R-Fla.) and Verónica Escobar (D-Texas), along with 18 other bipartisan lawmakers, introduced a new version of the Dignity Act immigration reform bill on July 15, which seeks to
Illegal alien Ronald Joseph was sentenced to prison after pleading guilty to raping and impregnating his teenage daughter while living at a government-run migrant shelter.
Illegal alien Ronald Joseph was sentenced to prison after pleading guilty to raping and impregnating his teenage daughter while living at a government-run migrant shelter.
President Donald Trump signs the Genius Act into law at 2:30 p.m. ET on July 18. The Genius Act establishes a framework for stablecoin issuers, requiring them to back their coins with specific assets, disclose their reserves, and comply with certain regulatory requirements. The bill also provides for federal and state oversight… Original News Source
President Donald Trump signs the Genius Act into law at 2:30 p.m. ET on July 18. The Genius Act establishes a framework for stablecoin issuers, requiring them to back their coins with specific assets, disclose their reserves, and comply with certain regulatory requirements. The bill also provides for federal and state oversight… Original News Source