On Thursday, the House passed a bundle of crypto bills, sending one, the stablecoin legislation known as the GENIUS Act, to President Trump's desk. Trump signed it into law Friday afternoon, making it the first ever piece of major crypto legislation in the U.S.

President Donald Trump on Friday signed the first major federal law governing cryptocurrency, a business that Trump's family has begun forging strong ties to and has promoted in recent years.

President Trump signed a significant piece of cryptocurrency legislation into law on Friday, marking a pivotal moment in the digital asset industry's regulatory journey.