President Trump signs the GENIUS Act marking a milestone in digital asset regulation, establishing a robust stablecoin framework that boosts U.S. crypto innovation and strengthens FC safeguards

Key provisions include mandatory 100% reserve backing with liquid assets such as U.S. dollars or short-term Treasuries, monthly public disclosures of reserve compositions, and strict marketing rules to prevent misleading claims about government backing. The Act also subjects stablecoin issuers to the Bank Secrecy Act, requiring effective anti-money laundering and sanctions compliance programs…