#StablecoinLaw
President Trump on Friday is signing the Genius Act, the first major federal law governing cryptocurrencies. The law establishes federal regulations for "stablecoins," which are viewed as a relatively safe type of cryptocurrency because their value is pegged to fixed assets, like the dollar.
President Trump on Friday is signing the Genius Act, the first major federal law governing cryptocurrencies. The law establishes federal regulations for "stablecoins," which are viewed as a relatively safe type of cryptocurrency because their value is pegged to fixed assets, like the dollar.