As the Genius Act lands on the president’s desk, the California lawmaker says she’s concerned that “the rug will be pulled out from under the unsuspecting investors.”

Ether and other crypto related stocks climbed to end the week as the GENIUS Act heads to President Donald Trump's desk to be signed into law. Bitcoin and its proxies took a breather. The price of ether was last higher by 3.

U.S. Congress established the first cohesive legal framework for digital assets on July 17, 2025. The GENIUS Act defined digital assets and recognized decentralization as

Crypto executives poured millions into Trump’s campaign, and now he’s helping to make their priorities into law.

After a week of squabbling in Washington, the cryptocurrency industry secured one of its primary legislative objectives and made progress toward a second one.

From overseas development deals to an upcoming line of cellphones, Trump family businesses have raked in millions of dollars since his election.

The U.S. House on Thursday passed the first major piece of nationwide legislation to regulate cryptocurrencies, a move widely expected to bring the once-obscure payment technology further into the mainstream economy.

The House this week took up a trio of bills that would establish a federal framework for regulating the cryptocurrency industry. One of the measures cleared Congress and is on its way to enactment.

It was a remarkable win for the crypto industry — and for President Trump, who campaigned on making the country "the crypto capital of the planet."