Donald Trump has signed a first of its kind bill to regulate the $250 billion stablecoin crypto currency market. At the signing he looked happy and proud for signing this unique GENIUS Act. Stablecoin is a stable cryptocurrency and this law makes it good news to many.

MAGA Rep. Marjorie Taylor Greene has broken with President Donald Trump for the third time this week. The Georgia congresswoman voted against a landmark cryptocurrency bill Thursday, despite Trump ordering Republicans to pass it in a Truth Social post featuring the opening line,

President Donald Trump is signing the GENIUS Act, which will regulate stablecoin cryptocurrencies, whose values are pegged to the U.S. dollar, at around 2:30 p.m. Friday. TRUMP STRIKES DEAL WITH GOP HOLDOUTS ON GENIUS ACT DURING ‘CRYPTO WEEK’ Trump needed to convince about a dozen Republicans to vote for the bill after they stalled it

President Donald Trump signed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act into law amid much fanfare on July 18. Passed by the Senate on June 17 and the House on July 17,

As Trump prepares to sign the law, Consumer Reports' senior director monitoring digital marketplaces, Delicia Hand, told Ars that the group plans to work with other consumer advocates and the implementing regulator to try to close any gaps in the stablecoin legislation that would leave Americans vulnerable.