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Trump Secures Bipartisan Support for GENIUS Act, Paving Way for US Crypto Leadership

Wednesday, Jul 16, 2025 6:57 am ETmin read

Aime Summary

- Trump secured bipartisan support for the GENIUS Act, advancing U.S. crypto leadership.

- The legislation aims to clarify regulations for blockchain and digital assets while fostering innovation.

- Proponents argue it will position the U.S. as a global leader in cryptocurrency markets and tech development.

- Critics warn unclear oversight could risk financial stability despite bipartisan backing.

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