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Photos: Trump Signs the GENIUS Act Into Law
On Friday, U.S. President Donald Trump signed the first-ever major piece of crypto legislation into law.
Jul 21, 2025, 7:34 p.m.

U.S. President Donald Trump signed the GENIUS Act governing stablecoins into law on Friday, July 18, 2025, marking the first time a major piece of crypto legislation became a law in the U.S.
Lawmakers and crypto industry executives all attended the roughly hour-long ceremony, seen below.


















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Crypto group counters Wall Street bankers with its own stablecoin principles for bill

After the bankers shared a document at the White House demanding a total ban on stablecoin yield, the crypto side answers that it needs some stablecoin rewards.
What to know:
- The U.S. Senate's crypto market structure bill has been waylaid by a dispute over something that's not related to market structure: yield on stablecoins.
- The Digital Chamber is offering a response to a position paper circulated earlier this week by bankers who oppose stablecoin yield.
- The crypto group's own principles documents argues that certain rewards are needed on stablecoin acvitity, but that the industry doesn't need to pursue products that directly threaten bank deposits business.
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