Trump says newly signed crypto law will establish ‘American dominance’
From aljazeera.com
United States President Donald Trump has signed into law new cryptocurrency legislation that advocates say represents a watershed moment for the industry. Speaking from the White House on Friday, the US president hailed the GENIUS Act, which establishes regulations and consumer protections for stablecoin, a type of cryptocurrency whose value is linked to a fixed currency or commodity. The signing capped what Trump dubbed “crypto week”, as a total of three cryptocurrency bills made their way through the US legislature. In the end, only the legislation related to stablecoin landed on Trump’s desk Two other bills — one ...
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