07.18.25
President Trump Signs Stablecoin Law
by: Hannah Lang
U.S. President Trump last week signed the GENIUS Act into law, creating a regulatory regime for crypto stablecoins. The measure mandates that stablecoins be backed by liquid assets like the U.S. dollar or short-term U.S. Treasury bills, with issuers required to publicly disclose the composition of their reserves on a monthly basis.
Read the full article on Reuters