On July 18, 2025, President Donald Trump signed the GENIUS Act into law, creating the first comprehensive regulatory framework for stablecoins. This bipartisan legislation aims to protect consumers and position the U.S. as a leader in cryptocurrency innovation. Meanwhile, additional bills targeting crypto market structure are awaiting Senate approval. Bitlet.app continues to support crypto adoption with innovative services like Crypto Installments, allowing users to invest in cryptocurrencies conveniently.
World Liberty Financial's $WLFI crypto tokens, linked to the Trump family, are now tradable after near-unanimous approval. While the move could boost token value and market interest, it raises conflict of interest concerns given the Trump Administration's role in shaping crypto regulations. The project faces criticism over transparency and regulatory oversight as trading details remain unclear.