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BTCC / BTCC Square / Global Cryptocurrency /
Trump Urges Swift Passage of GENIUS Act to Cement U.S. Dominance in Digital Assets

Trump Urges Swift Passage of GENIUS Act to Cement U.S. Dominance in Digital Assets

Author:
Global Cryptocurrency
Published:
2025-06-19 09:54:02
18
1

President Donald Trump is pushing Congress to expedite the GENIUS stablecoin legislation following a decisive 68-30 Senate vote. The bill aims to position the United States as the global leader in cryptocurrency regulation, with Trump calling for "lightning speed" approval from the House of Representatives.

Senator Bill Hagerty frames the legislation as a competitive necessity, enabling near-instant settlements compared to traditional delays. The move comes as multiple jurisdictions race to establish their own crypto frameworks, with U.S. policymakers seeking first-mover advantage in setting international standards.

|Square

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