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The Independent UK

National

Seung Min Kim

President Donald Trump will sign a new cryptocurrency bill into law on Friday

Donald Trump Crypto Kai Trump Epstein United States

AP Poll Trump - (Copyright 2025 The Associated Press. All rights reserved)

President Donald Trump on Friday will sign into law a new set of regulations for a type of cryptocurrency that are seen as a way to legitimize the burgeoning industry.

The GENIUS Act sets initial guardrails and consumer protections for stablecoins, a type of cryptocurrency that is tied to a stable asset like the U.S. dollar to reduce price volatility. It passed both the House and Senate with wide bipartisan margins.

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