Trump Signs GENIUS Act into Law as SEC Explores Tokenization Relief
President Donald Trump has signed the GENIUS Act, marking a pivotal moment for U.S. crypto regulation. The legislation, rescued from near-defeat in Congress, establishes a new framework for stablecoins and signals broader Republican-led efforts to clarify digital asset rules. Trump's ceremonial signing included a pointed jab at his predecessor: "This is NOT an autopen, by the way!"
Meanwhile, the SEC is weighing targeted concessions for tokenized securities, drawing fierce opposition from Democratic lawmakers who view the moves as industry favoritism. The political theater unfolded after Tuesday's dramatic House vote, where the GENIUS Act initially failed 196-223 before Trump's personal intervention revived the Republican crypto agenda.