Trump Signs Landmark Crypto Bills into Law, Reshaping U.S. Digital Asset Regulation

President Trump has enacted the GENIUS Act alongside two pivotal crypto bills, fundamentally altering the regulatory landscape for digital currencies in the United States. The move signals a federal endorsement of stablecoins and clarifies oversight roles, while explicitly barring the Federal Reserve from launching a central bank digital currency.

The GENIUS Act establishes a 1:1 reserve requirement for bank-issued stablecoins, granting both traditional financial institutions and licensed nonbanks the authority to issue these assets. Simultaneously, the CFTC gains enhanced jurisdiction over non-security crypto tokens under the new market structure legislation. Markets from Maryland to Wall Street are scrutinizing the implications, as the bills—passed with bipartisan support—shift the balance between innovation and oversight.

This regulatory trifecta culminates years of debate, with the GENIUS Act’s rapid signing surprising observers despite its prior Senate approval. The legislation effectively codifies crypto’s role in mainstream finance while drawing clear jurisdictional lines between regulators.