WASHINGTON: US President Donald Trump on Friday (July 18) signed into law the country’s first major regulation on stablecoins, marking a milestone for the cryptocurrency sector as it pushes to gain broader legitimacy and adoption. The new law, officially titled the GENIUS Act, establishes federal rules for stablecoins—cryptocurrencies designed to maintain a fixed value, typically pegged to the US dollar. The bill passed the House by a vote of 308 to 122, with support from most Republicans and

Tag-uri: Donald Trump