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#PI# Trump officially signed the stablecoin "GENIUS Act", marking the formal enactment of the first federal legislation on Crypto Assets in history.
According to BlockBeats news, on July 19, U.S. President Trump officially signed the "Guidance and Establishment of the National Innovation Act for U.S. Stablecoins," also known as the "Genius Act," at the White House. This marks the first time that federal legislation regarding Crypto Assets regulation has officially taken effect.
The bill establishes stricter regulatory standards for stablecoins: issuers are required to maintain a 1:1 reserve backed by liquid assets such as U.S. dollars and short-term government bonds, and to publicly disclose the reserve composition on a monthly basis. From now on, stablecoins are no longer experimental products in a gray area but are recognized as "official monetary instruments" written into U.S. law and backed by the state.