For years, stablecoin regulation was stuck in an uncertain legal gray zone with no clear rules until the GENIUS Act arrived as a turning point. For the first time, a concrete federal framework has drawn a line by requiring reserves to be held, demanding transparency, and putting consumer protections front and center. The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, signed into law on July 18, 2025, forces the U.S. government to confront the realities of a rapidly evolving digital currency ecosystem, according to a fact sheet that accompanied President Trump’s signature of the bill ... (full story)