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Card Networks See Opportunity in Stablecoins as President Trump Signs GENIUS Act
The GENIUS Act enhances the legitimacy of stablecoins, which could introduce threats to traditional payment methods, including credit cards. But the largest card networks in the U.S., Mastercard and Visa, see stablecoins as a means of growth in the payment arena.
Photos: Trump Signs the GENIUS Act Into Law
U.S. President Donald Trump signed the GENIUS Act governing stablecoins into law on Friday, July 18, 2025, marking the first time a major piece of crypto legislation became a law in the U.S. Lawmakers and crypto industry executives all attended the roughly hour-long ceremony, seen below.
SEC Chairman Paul Atkins joins 'Squawk Box' to discuss the passage of the GENIUS Act, private market access in 401(k) plans, ...
Bitcoin was rising after the signing of the Genius Act but Ether, XRP and Solana looked to be bigger beneficiaries.
July 18th marks a historic milestone in U.S. digital asset policy. The President signed the GENIUS Act into law following its bipartisan passage ...
Tom Shohfi, an associate professor of finance at the Mike Ilitch School of Business at Wayne State University, talks about ...
As regulatory clarity improves with the GENIUS Act, XRP shifts focus from hype to utility, aiming to reshape global finance ...
A provision in GENIUS Act aims to curb the influence of tech conglomerates and major financial institutions in the US ...
7hon MSN
Andrew Keys, The Ether Machine co-founder and chairman, joins 'Squawk Box' to discuss the appeal of ethereum, going public ...
After years of jurisdictional ambiguity, overlapping enforcement actions, and regulatory inertia, the US Congress has stepped ...
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