Crypto Bills Breakthrough

The US House passed three major crypto bills, including the GENIUS Act regulating stablecoins, now awaiting President Trump’s signature.

Daily Updates:

• The crypto industry received a watershed victory yesterday as the US House of Representatives voted to pass the GENIUS Act, after the bill cleared the US Senate, a month ago. The bill can now be sent to President Trump to be signed into law.

• The GENIUS Act will be the first federal legislation in the US to regulate stablecoins. To summarise the Act: