Trump, GENIUS and cryptocurrency
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Trump signs GENIUS Act into law after tumultuous crypto week as Bitcoin maintains $119K support with flag pattern targeting $181K breakout.
President Donald Trump on Friday signed the GENIUS Act into law, calling it a landmark move for crypto regulation and joking that it was named after him.
Bitcoin and other major cryptocurrencies traded higher Wednesday after President Donald Trump said he expects the House to pass the GENIUS Act.
Trump signs the GENIUS Act, introducing the first federal stablecoin regulation with new requirements for issuers and compliance standards.