Trump signs 1st major crypto bill into law
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The US House on Thursday passed major bipartisan legislation that aims to regulate a type of cryptocurrency known as stablecoins, sending the bill to the president’s desk for his signature.
The Republican-controlled House on Thursday passed landmark legislation to regulate stablecoin in a big win for the cryptocurrency industry.
CNBC's Emily Wilkins from the White House on the Guiding and Establishing National Innovation for U.S. Stablecoins, known as the GENIUS Act, that President Trump is signing into law.
Bitcoin and Ethereum have performed very differently this year. Bitcoin has continued to reach new all-time highs. Ethereum has barley budged as investors try to understand if the network's use case can stand the test of time.
President Trump makes a joke about autopens while signing the landmark GENIUS Act into law, a new bill aimed at regulating cryptocurrency.
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