In a prerecorded message to the Coinbase State of Crypto Summit in New York City, former President Trump underscored his support for the GENIUS Act, a bill designed to regulate dollar-backed stablecoins. He argued that this legislation will foster a clear and streamlined regulatory framework for the U.S. cryptocurrency market, enabling America to lead in global crypto adoption and innovation. 🇺🇸 Trump’s remarks followed his engagement with the cryptocurrency community, signaling continued interest in digital assets despite ongoing congressional debate. The GENIUS Act is pending Senate approval, while the CLARITY Act, focused on clarifying SEC and CFTC roles in regulating digital assets, moves toward a House vote after passing committee stages.