GENIUS Act Explained: What the New Stablecoin Law Means for Crypto
What if I told you that a single piece of legislation just opened the floodgates for big banks and major retailers to create their own cryptocurrency? That’s exactly what happened when President Trump signed the GENIUS Act on July 18th, 2025: the first-ever stablecoin framework passed by Congress. Banks like JPMorgan and Citigroup have announced …