News View Non-AMP

President Donald Trump Officially Signs The GENIUS Act Into Law: What’s Next for Crypto?

Published by
Steve Muchoki

After passing the final House vote on Thursday, the GENIUS Act was enacted into law by President Donald Trump on Friday, July 18. The signing into law of the Genius Act was witnessed at the White House by top crypto leaders, including Tether (USDT) CEO Paolo Ardoino and Coinbase Global Inc. (NASDAQ: COIN) CEO Brian Armstrong.

The landmark crypto legislation will foster the development and adoption of stablecoins in the United States and globally. According to President Trump, during the signing ceremony, the GENIUS Act is a major milestone for the financial industry.

“This could be perhaps the greatest revolution in financial technology since the birth of the internet itself. A lot of people are saying that,” Trump said. “What do you guys think? If you say yes, I’m saying yes.”

What’s Next for Crypto Under the GENIUS Act

The GENIUS Act was created to regulate the stablecoin market, which has grown to more than $264 billion in net valuation at the time of this writing. The clear regulatory framework for the stablecoin market will help attract more institutional investors into blockchain technology and the wider crypto space.

“This clear direction from Congress also should serve as a catalyst for the SEC to provide guidance on how SEC registrants can use—and accommodate their customers’ use of—payment stablecoins. I invite investors and market participants regulated by the SEC to engage with the Crypto Task Force on what the Commission needs to do, in light of the GENIUS Act,” SEC Commissioner Hester Peirce, noted.

The mainstream adoption of crypto assets, through the stablecoin market, will play a crucial role in the ongoing bull rally. Furthermore, the stablecoin market is a major source of liquidity in the crypto space.

Steve Muchoki

Steve is a crypto news writer with a passion for decoding market moves. He blends breaking blockchain news with sharp technical analysis and bold price predictions. From Bitcoin rallies to altcoin breakouts, Steve breaks it all down with clarity and insight. Whether you're a trader or just curious, his analysis keeps you ahead of the curve.

Recent Posts

From Government Adoption to ETFs: Why Chainlink LINK Could Be Heading for $100

With government adoption, institutional support, and growing market recognition, Chainlink is no longer just another…

August 29, 2025

Crypto News: Ex-Lightning Labs Exec Ryan Gentry Plans $200M Bitcoin SPAC

A new player is entering the market with big plans. Bitcoin Infrastructure SPAC is gearing…

August 29, 2025

Eric Trump Predicts Bitcoin Will Hit $1 Million

At the Bitcoin Asia Conference 2025 in Hong Kong, Eric Trump expressed strong confidence in…

August 29, 2025

Pyth Network (PYTH) Price Prediction: What’s Next After 100% Rally?

Pyth Network (PYTH) has gone from a quiet name in the oracle space to the…

August 29, 2025

XRP Price in “Full Porting” Phase, Raoul Pal Sees $5-$7 on Horizon

Global Macro Investor CEO Raoul Pal has turned the spotlight back on XRP, saying the…

August 29, 2025

Beyond Shiba Inu (SHIB): 4 Meme Coins With Bigger Upside in 2025

Let’s be real—the Shiba Inu (SHIB) saga has been wild. It once had that electric…

August 29, 2025