US Crypto Industry Nears Legitimacy with Trump-Backed Bills
The US crypto sector is close to gaining legal recognition as the House prepares to vote on major legislation, including the Trump-supported GENIUS Act on stablecoins. Trump, now a crypto advocate, may soon sign the bill, which sets reserve rules for issuers and boosts regulatory oversight. Other bills, like the CLARITY Act and Anti-CBDC Act, aim to define crypto regulation and block a digital dollar. This shift follows Trump’s deepening ties to the industry and a surge in crypto campaign funding.
