BTCC / BTCC Square / Global Cryptocurrency /
Trump Urges Swift House Approval of GENIUS Act, Pushing for Unamended Stablecoin Regulation

Trump Urges Swift House Approval of GENIUS Act, Pushing for Unamended Stablecoin Regulation

Published:
2025-06-19 15:33:02
19
1

President Donald TRUMP has demanded immediate House passage of the GENIUS Act without amendments, positioning the bill as critical for U.S. dominance in digital assets. The Senate-approved legislation, which cleared with bipartisan support, represents Congress's first major move to regulate the $150B stablecoin market.

Trump's Truth Social post framed the bill as a strategic imperative: "The Senate just passed an incredible Bill that is going to make America the UNDISPUTED Leader in Digital Assets." The pressure campaign targets House Republicans considering modifications to the Guiding and Establishing National Innovation for US Stablecoins Act.

The 68-30 Senate vote saw 18 Democrats cross party lines, signaling rare crypto policy consensus. Market observers note the legislation could catalyze institutional adoption of dollar-pegged cryptocurrencies while potentially impacting decentralized stablecoin projects.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users