President Trump enacted the GENIUS Act, a landmark legislation that sets a new direction for stablecoin regulation in the United States. The move signals a significant shift away from previous restrictive approaches under the Biden administration, aiming to bolster the dollar’s global standing and empower the US digital asset sector. 💰 The law, designed to enhance stability and transparency within the crypto market, is expected to lead to a surge in stablecoin adoption and potentially impact the global financial landscape. The bill emphasizes security measures and regulatory clarity, while creating a favorable environment for further development of stablecoins. 🔐 🌎