VISI.NEWS | WASHINGTON, D.C. – President Donald Trump on Friday signed into law the GENIUS Act, the first substantial legislative reform focused on cryptocurrencies, signaling a major turning point for the digital asset industry in the U.S.

Surrounded by Republican lawmakers and prominent crypto industry figures, Trump framed the legislation as a pivotal moment in financial innovation. The GENIUS Act introduces federal regulations for stablecoins—digital assets tied to the value of the U.S. dollar.

“This could be perhaps the greatest revolution in financial technology since the birth of the Internet itself,” Trump said of stablecoins.

“committed to signing landmark crypto market structure legislation this year”.

Trump also pledged to support further crypto legislation in 2025, referencing a broader market structure bill recently approved by the House of Representatives.

During the signing ceremony, Trump acknowledged key political allies and industry leaders instrumental in advancing the legislation. He praised Senator Bill Hagerty (R-Tenn.), who spearheaded the bill, as well as House Financial Services Chair French Hill (R-Ark.), House Majority Whip Tom Emmer (R-Minn.), and Speaker Mike Johnson.

The president also recognized crypto executives including Coinbase CEO Brian Armstrong, Circle CEO Jeremy Allaire, and Tether CEO Paolo Ardoino for their role in shaping the digital finance landscape. @ffr