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Crypto Titans Storm White House as GENIUS Act Becomes Law—Bullish Waters Ahead

Crypto Titans Storm White House as GENIUS Act Becomes Law—Bullish Waters Ahead

Published:
2025-07-18 18:13:38
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Crypto big wigs head to White House to witness GENIUS Act signed into law

Washington just handed crypto its biggest regulatory win yet—and the industry's heavy hitters showed up to claim victory.


The GENIUS Era Begins

President's pen met paper today as the long-debated GENIUS Act crossed into law, with Bitcoin maximalists and DeFi degens alike crowding the Oval Office. No lobbyists were harmed in the making of this legislation—though traditional bankers might need smelling salts.


Why This Rocks the Market

The bill's passage shreds years of regulatory ambiguity, greenlighting institutional adoption while (theoretically) protecting retail traders from themselves. Treasury yields dipped slightly as crypto futures spiked—because nothing says 'hedge against inflation' like Congress finally doing something useful.


The Real Winners?

Smart money's betting this triggers a fresh capital flood into BTC/ETH ETFs. Meanwhile, SEC chair Gary Gensler was notably absent—probably drafting his next 100-slide 'How to Spot a Shitcoin' presentation.

Crypto regulatory milestone

Armstrong, whose Coinbase is the biggest U.S.-based crypto exchange, posted on X that GENIUS marks the next step in crypto innovation and adoption.

Heading to the @WhiteHouse to see the GENIUS Act become law, the official start of the financial revolution in the US.

Thanks to all who helped us take this huge step for the crypto economy! pic.twitter.com/hnwR1aBoEm

— Brian Armstrong (@brian_armstrong) July 18, 2025

The GENIUS Act received bipartisan support in the House, with a 308-122 vote marking a notable support MOVE from Democrats. The passage of the bills and Trump’s signing into law will mark a winning end to the “Crypto week.”

Allaire also posted on X:

En route to the @WhiteHouse for the historic signing of the GENIUS Act, one of the most transformative pieces of legislation in decades. Global financial system, welcome to the Internet!

— Jeremy Allaire – jda.eth / jdallaire.sol (@jerallaire) July 18, 2025

In a comment, Dante Disparte, Circle’s chief strategy officer, said:

“The House vote to clear the GENIUS Act for the President’s signature is a defining moment for the future of money and the internet financial system. It signals strong bipartisan support for responsible innovation and sends a clear message that the U.S. will lead in the regulation of dollar-backed payment stablecoins.”

The GENIUS Act is set to be the first ever major digital asset regulation to be assented into law by a U.S. president.

|Square

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