Trump pushes the genius action to enhance the American encryption framework
- Trump supports the genius law to support the launch of the dollar -backed Stablecoins.
- The genius law seeks to create a clear American encryption market structure.
- Legionships are divided amid concerns about Trump’s encryption affiliations.
US President Donald Trump has continued again with the encryption community, this time through a previously recorded message to the participants in the special Coinbase case The top of encryption In New York City.
His speech sheds light on his administration’s interest in continuing to contribute to the future of digital assets, as there is an increasing legislative momentum in Congress.
Trump supports Stablecoin
Trump said his government is actively working with legislators to support the Genius law, which seeks to create regulations for supported support stability in the dollar.
He also shed light on the efforts made to create a clearer digital asset market, which will make America the world’s leading when it comes to the adoption of Crypto and Bitcoin.
This is Trump’s second direct communication to mobilize cryptocurrencies since he became president in January 2025, after he appeared at the Bitcoin 2024 conference in Nashville and a previous message to the summit of digital assets.
He continued his dedication to the encryption policy through executive procedures, such as the establishment of a national bitcoin reserve, the establishment of a working group of digital assets, and the nomination of Paul Atkins to chair the Securities and Stock Exchange Committee (SEC).
The genius law is awaiting the Senate vote, and the clarity law – which was clarified to clarify the roles of the Future Trading Committee for the Securities and Stock Exchange Committee (CFTC) in regulating digital assets – is advancing towards a full vote at home after the committee is removed.
Congress discusses encryption projects
However, the legislative momentum opposes some Democrats, who have expressed his concerns of Trump’s conflict of his interest, such as a family -funded platform, World Liberty Financial, which presented Stablecoin.
Trump’s ongoing initiatives for the encryption industry come against the backdrop of the increasing audit of federal expenditures and recent political scandals. But his message to Coinbase users is part of a larger direction: American leadership grows with a higher and more divided voice about the future of digital financing.
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