Trump signs landmark GENIUS Act, hailing “exciting new frontier” for crypto

Washington — President Trump signed a landmark bill to regulate cryptocurrency on Friday, hailing the “exciting new frontier” for the technology one day after the bill passed the House. The legislation, called the GENIUS Act, will be the first major law governing digital currency, establishing a regulatory framework for the $250 billion stablecoin market. Stablecoins

Stablecoins get big boost as Trump signs Genius Act. Here’s what to know.

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

Bipartisan Lawmakers Introduce Dignity Act, Seeking Legal Status for Some Illegal Immigrant Workers

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