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The House Just Passed a Historic Crypto Bill for Stablecoins The House Just Passed a Historic Crypto Bill, Delivering a Huge Win to Stablecoin Fans The GENIUS Act marks the first comprehensive legislation providing enforceable rules for stablecoins
Stablecoin bill clears House, heads to Donald Trump’s desk The House on Thursday passed a bill setting up a regulatory framework for payment stablecoins, sending the cryptocurrency bill to President Trump’s desk and marking a major win for the industry
US Passes First Federal Stablecoin Law, Trump to Sign Next Key Takeaways 1 The House passed the GENIUS Act with a 308-122 vote, creating the first US stablecoin law 2 President Trump is expected to sign the bill after pushing Republicans to support it 3 The law mandates 1:1 reserves for stablecoins and monthly transparency disclosures 4 It’s a major win for crypto firms, which spent $119 million backing pro-crypto lawmakers
Congress passes 1st major crypto legislation in the U. S. : NPR The United States Congress passed the country's first major standalone crypto bill on Thursday The landmark vote signals a sea change in the U S stance toward these digital currencies The House