Trump Signs GENIUS Act Into Law: The Full Transcript
President Trump has officially signed the GENIUS Act into law, establishing a regulatory framework for dollar-backed stablecoins to strengthen America’s role in global crypto finance. In his speech, Trump highlighted major policy shifts, including replacing the SEC chair to encourage crypto innovation, issuing an executive order banning a U.S. central bank digital currency (CBDC), and granting a presidential pardon to Ross Ulbricht. He also announced the creation of a U.S. Strategic Bitcoin Reserve and a Digital Asset Stockpile. The signing is seen as a validation of the crypto sector, positioning the U.S. for leadership in digital finance.
