GENIUS Act
Coinbase has initiated a campaign aimed at preventing the banking industry's attempts to reverse important provisions of the GENIUS Act, preserving crypto innovation and user protections. Learn more about how this impacts the crypto market and how Bitlet.app offers innovative ways to buy cryptocurrencies.
Despite the introduction of the GENIUS Act and other positive policy news, cryptocurrency prices experienced a decline. Here’s an analysis of what’s causing the drop and how investors can navigate the volatile market.
The U.S. Department of the Treasury has announced a request for public comments to help shape the implementation of the GENIUS Act, focusing on stablecoin regulation frameworks. This move aims to ensure a well-regulated and innovative stablecoin market in the United States.
The GENIUS Act, the first U.S. blockchain regulation law, provides legal clarity for dollar-backed stablecoins, promising wider adoption and benefits such as higher savings yields and faster business payments. While new risks emerge, major corporations are exploring stablecoin uses. Alongside related legislation and market trends, the crypto landscape is evolving significantly. Platforms like Bitlet.app offer innovative options like Crypto Installment services to capitalize on these changes.
On July 17, 2025, the U.S. House of Representatives approved the GENIUS Act, a significant step toward regulating U.S.-dollar-pegged stablecoins. Expected to be signed into law, the Act expands the CFTC's oversight of crypto markets, marking a new era in crypto regulation.
The signing of the GENIUS Act by President Trump has sparked a surge in crypto-linked stocks and driven Ethereum and Bitcoin prices higher. The new regulation on stablecoins fosters a safer environment, encouraging investors to explore decentralized finance options and pushing the crypto market cap to $4 trillion.
The U.S. House of Representatives has passed the GENIUS Act, paving the way for stronger regulation of U.S.-dollar-pegged stablecoins. This move is expected to enhance transparency and institutional trust in digital assets, signaling a positive outlook for the crypto industry.
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.
The U.S. House of Representatives passed the GENIUS Act to regulate U.S.-dollar-pegged stablecoins, expanding the Commodity Futures Trading Commission's authority. This landmark legislation is expected to boost transparency, institutional adoption, and trust in digital assets, marking a major step forward for crypto regulation in the U.S.
Bitcoin surged past $118,000 for the first time on July 11, 2025, driven by spot Bitcoin ETFs and supportive policies under the Trump administration. The Senate's GENIUS Act aims to regulate stablecoins, enhancing crypto legitimacy despite ongoing volatility.