Trump Signs GENIUS Act Into Law, Will Make America “The Crypto Capital Of The World” 

President Donald Trump Fell The genius acts in law today, and it represents a milestone in his administration’s boost to establish the United States as the global capital of Bitcoin and Ripto. The legislation creates a clear regulatory framework for the dollar -backed Stablecooins, which represents Trump’s “perhaps the greatest revolution in financial technology since the birth of the Internet itself.”

Although Genus does not address Bitcoin directly, the legislation determines the regulatory clarity that can benefit all digital assets, including Bitcoin, by creating a better environment to innovate encryption and increase the trading volume of exchanges.

Speaking at the signing ceremony, Trump emphasized the transformative capabilities of the new law. “This is a really big day. This is a very big thing and I want to thank Senator Bell Hajari, a very good friend for me,” who played a big role in obtaining this bill through the finish line. This will make America stronger, and congratulations, it’s good for the country. ”

The President linked the legislation to his obligations to bitcoin and encryption, with reference to his historical appearance in Bitcoin Conference. “Exactly this month was many of you in Nashville, Tennessee, when I became the first president ever addressing the Bitcoin Conference. I have pledged that we will make the United States the capital of encryption in the world, and this is not further.”

Trump explained his management approach to digital assets, with a highlight of many major initiatives. “In the first week of office, I created the first presidential working group on digital assets. I stopped the government weapon against Crypto, and Bitcoin, we stopped Choke 2.0., And Ross ULBRICHT.”

The President also pointed to the creation of the strategic bitcoin reserves through the executive order, which indicates his commitment to Bitcoin specifically. “Last March, I signed an executive order to create the American strategic Bitcoin reserves as well as the US digital asset stock, and with the signing of today, we pay more to the exciting border.”

Then the president discussed how the genius law dealt with the critical infrastructure gap in the American financial system. “Many Americans do not realize that the technical spine of the financial system is old contracts. Payments and funds are taken for days and for weeks to get rid of them,” Trump explained. “The Genius Law provides banks, companies and financial institutions a framework for the issuance of subsidized coding assets 1 compared to 1 with real US dollars.”

The legislation is expected to increase the demand for US Treasury bonds, according to Trump. He also reaffirmed his opposition to the currencies of the Digital Central Bank, saying: “I am still completely committed to my jurisdiction to allow a digital currency of the Central Bank in America.”

AI & Crypto Czar David Sacks, who speaks at the ceremony, emphasized the historical nature of a moment. “Today you have another historical legislative achievement, which is a step to make the United States the capital of encryption in the world. The genius law will open the dominance in the encryption industry by creating road bases.”

Trump concluded through the promising of additional encryption legislation this year, describing it as a “truly hot industry” and indicates that the momentum of Bitcoin continues and the development of digital assets in America.