Crypto
GENIUS Act Turns One Amid Unfinished Regulatory Framework
The GENIUS Act, signed into law by President Donald Trump on July 18, 2025, is marking its one-year anniversary.
Despite its passage, federal regulators are still working to turn its mandates into detailed rules for stablecoin issuers.
Retail banks, payment platforms, and card networks have rolled out stablecoin products at a rapid pace since last July.
The industry is waiting with bated breath as policymakers debate whether exchanges and other third parties should be allowed to offer rewards to holders.