On July 18, 2025, President Trump signed the so-called GENIUS (Guiding and Establishing National Innovation for U.S. Stablecoins) Act into law.1 This act creates a legal framework for so-called stablecoins. The implications of this legislation cannot be overstated.
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The GENIUS Act and Its Implications for Financial Transaction Freedom
On July 18, 2025, President Trump signed the so-called GENIUS (Guiding and Establishing National Innovation for U.S. Stablecoins) Act into law.1 This act creates a legal framework for so-called stablecoins. The implications of this legislation cannot be overstated.