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Trump’s GENIUS Act Won’t Knock UAE Off Crypto Throne
The US passed its landmark GENIUS Act, bringing President Trump one step closer to his pledge of making the US the “crypto capital of the world.” Unfortunately for Trump, no matter what his administration does, I’m afraid these efforts will be in vain. For me, the UAE will always be the real homeland of crypto. The act, which Trump signed in July, is just more crypto-positive legislation from the States and a critical part of his administration’s mission to push the US up the DeFi podium. It lays out a clear regulatory framework for stablecoins in the US, further establishing them within the US's regulated ... (full story)
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