Trump Poised for His First Major Crypto Policy Breakthrough Next Week

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President Donald Trump may achieve his first significant legislative victory in the realm of cryptocurrency policy next week, as House Republicans move to advance a Senate-approved bill that would establish formal guidelines for stablecoins. According to Politico, lawmakers in the House of Representatives are expected to vote early next week on the GENIUS Act, a proposal that would introduce the first nationwide regulatory framework for stablecoins—digital tokens pegged to the U.S. dollar. 🔹 The bill has already received bipartisan support in the Senate

🔹 If passed by the House and signed by the President, it would mark the first-ever crypto legislation approved by Congress

🔹 Analysts believe this could accelerate institutional adoption of digital assets in the U.S.

Trump Family May Benefit from the Legislation The law could also directly benefit the Trump family, as his sons launched a stablecoin-focused business last year. This raises questions around potential conflicts of interest and is likely to fuel political scrutiny. Alongside the GENIUS Act, the House will also vote on two additional bills: 🔹 A Digital Market Structure bill to divide oversight powers between the SEC and CFTC

🔹 A proposal to ban a U.S. central bank digital currency (CBDC) in an effort to block the creation of a Fed-controlled digital dollar

Shift From Single Crypto Package to Separate Votes Republicans in the House had originally planned to bundle the three crypto bills together, but that plan has been dropped. Now, the proposals will be voted on separately—aiming for faster passage and reduced friction in the Senate. The House Rules Committee is scheduled to meet Monday afternoon, with full votes likely to follow by Tuesday. If successful, the measures will head to President Trump's desk for signature. Trump has repeatedly claimed that digital assets "soared to the moon" under his leadership and attributes that growth to his economic and tariff policies.

What’s in the GENIUS Act? The bill is designed to create clear federal rules for issuing stablecoins, including: 🔹 New accounting protocols

🔹 Authorization of commodity-backed stablecoins

🔹 Tighter oversight of token issuance

🔹 Mandatory pre-approval from a designated oversight board for both public and private issuers

Supporters say the bill would create a safer investment environment, boost innovation, and build confidence among traditional financial institutions.

#TrumpCrypto , #CryptoNews , #TRUMP , #DigitalAssets , #USPolitics

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