GENIUS Act Signed into Law event

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Overview

The GENIUS Act — the Guiding and Establishing National Innovation for U.S. Stablecoins Act (S.1582) — was signed into law by President Donald Trump on July 18, 2025, creating the first federal regulatory framework for payment stablecoins in the United States. It passed the Senate 68-30 on June 17, 2025 and the House 308-122 on July 17, 2025. The law restricts issuance of payment stablecoins to permitted issuers via federal, state or approved foreign pathways, and imposes reserve, disclosure and Bank Secrecy Act compliance obligations, including anti-money-laundering and sanctions programmes. Most of its prohibitions take effect three years after enactment.

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Frequently asked questions

When did the GENIUS Act become law?

It was signed by President Trump on July 18, 2025, after passing the Senate 68-30 on June 17, 2025 and the House 308-122 on July 17, 2025.

What does the GENIUS Act regulate?

Payment stablecoins. It establishes the first US federal framework for them, limiting issuance to permitted issuers through federal, state or registered foreign pathways and setting reserve, disclosure and compliance requirements.

When do its restrictions take effect?

Most of the Act's prohibitions take effect three years after enactment.