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Home»Bitcoin»Trump Indicators GENIUS Act Into Legislation, Will Make America “The Crypto Capital Of The World” 
Trump Indicators GENIUS Act Into Legislation, Will Make America “The Crypto Capital Of The World” 
Bitcoin

Trump Indicators GENIUS Act Into Legislation, Will Make America “The Crypto Capital Of The World” 

July 20, 2025No Comments3 Mins Read
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President Donald Trump signed the GENIUS Act into legislation right this moment, marking a milestone in his administration’s push to ascertain the US as the worldwide Bitcoin and crypto capital. The laws creates a transparent regulatory framework for dollar-backed stablecoins, representing what Trump known as “maybe the best revolution in monetary expertise for the reason that delivery of the web itself.”

JUST IN: 🇺🇸 President Trump says he’ll signal crypto market construction laws to “develop the trade greater than folks ever thought.” pic.twitter.com/xIVVPbeXjR

— Bitcoin Journal (@BitcoinMagazine) July 18, 2025

Whereas the GENIUS Act doesn’t immediately deal with Bitcoin, the laws establishes regulatory readability that might profit all digital belongings, together with Bitcoin, by creating a greater surroundings for crypto innovation and growing buying and selling quantity on exchanges.

Talking on the signing ceremony, Trump emphasised the transformative potential of the brand new legislation. “That is actually a giant day. It is a very huge factor and I wish to thank Senator Invoice Hagerty, an excellent buddy of mine,” who has performed an enormous position in getting this invoice throughout the end line. That is going to make America stronger, and congratulations, it’s good for the nation.” 

The President linked the laws to his Bitcoin and crypto commitments, referencing his historic look on the Bitcoin Convention. “Precisely this month a lot of you had been in Nashville, Tennessee, after I grew to become the primary president ever to deal with the Bitcoin convention. I pledged that we’d make the US the crypto capital on the planet, and that is solely going additional.”

Trump outlined his administration’s strategy to digital belongings, highlighting a number of key initiatives. “First week in workplace I established the primary presidential working group on digital belongings. I finished the weaponization of presidency towards crypto, and Bitcoin, we stopped Choke 2.0., and I freed Ross Ulbricht.” 

The President additionally referenced his institution of strategic Bitcoin reserves by way of government order, demonstrating his dedication to Bitcoin particularly. “Final March I signed an government order establishing the US strategic Bitcoin reserve in addition to the US digital asset stockpile, and with right this moment’s signing we’re pushing much more into the thrilling frontier.”

The President then mentioned how The GENIUS Act addresses a vital infrastructure hole within the American monetary system. “Many Individuals are unaware that the technical spine of the monetary system is a long time old-fashioned. Funds and cash transfers take days and even weeks to clear,” Trump defined. “The GENIUS Act offers banks, companies and monetary establishments a framework for issuing crypto belongings backed 1 for 1 with actual US {dollars}.”

The laws is anticipated to extend demand for US Treasuries, in response to Trump. He additionally reaffirmed his opposition to central financial institution digital currencies, stating, “I additionally stay totally dedicated to my pledge by no means to permit a central financial institution digital forex in America.”

AI & Crypto Czar David Sacks, talking on the ceremony, emphasised the historic nature of the second. “At the moment you’ve gotten one other historic legislative achievement and it’s a step to creating the US the crypto capital of the world. The GENIUS Act will unlock dominance within the crypto trade by creating guidelines of the street.” 

Trump concluded by promising further crypto laws this 12 months, calling it “a extremely sizzling trade” and signaling continued momentum for Bitcoin and digital asset growth in America.





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