#GENIUSAct

🇺🇸 Trump Signs Historic Stablecoin Law: A Game-Changer for Crypto & the Dollar 💵🪙

On July 18, 2025, President Donald Trump signed the GENIUS Act into law—a landmark moment for crypto regulation in the U.S. 🏛️💼

This new law sets clear rules for stablecoins—digital currencies pegged to the U.S. dollar 💸. Under the GENIUS Act:

✅ Issuers must hold full reserves in cash or U.S. Treasuries

📊 Monthly reserve reports are mandatory

🕵️‍♂️ Annual audits will be required

🏦 Only licensed banks, credit unions, and approved fintechs can issue stablecoins legally

Trump hailed the law as a “victory for the dollar” 🇺🇸, saying it could boost global trust in U.S.-backed digital assets 🌍💪.

The bill also includes 🛡️ anti-money laundering protections and rules for how failed issuers will be handled.

📢 Crypto leaders like Coinbase and Tether celebrated the law, calling it a much-needed step toward regulatory clarity 🔍—a win the industry has long demanded.

⚠️ However, some critics say the law lacks consumer protections and may favor big tech and political elites 🏛️💼.

Still, this marks the first major U.S. crypto regulation—and could reshape the future of digital finance forever 🔮🚀.

#GENIUSAc #CryptoNewss #StablecoinRevolution #DigitalDollars