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US passes Genius Act, first major national crypto legislation Known as the Genius Act, the bill is one of three pieces of cryptocurrency legislation advancing in Washington that is backed by Trump The president once derided crypto as a scam but his opinion
Congress passes 1st major crypto legislation in the U. S. : NPR More crypto legislation is expected to follow the GENIUS Act There's another bill intended to provide more clarity about which regulatory agencies will oversee the different aspects of crypto