Genius Act brings new rules for stablecoins.Genius Act is the first big law in the U.S. that puts clear guidelines around stablecoins. U.S. President Donald Trump has signed the Genius Act into law.
SEC Chair Paul Atkins praises the Genius Act as a key step forward for stablecoins and innovation in digital assets.
U.S. House passes Genius, Clarity, and Anti CBDC bills to regulate stablecoins, define crypto oversight, and block a government digital dollar.
Bank of America plans to launch its own stablecoin, while Morgan Stanley and others explore using them.
