Daily News Odaily US President Trump has officially signed the "U.S. Stablecoin National Innovation Act (GENIUS Act)", marking the implementation of the first federal regulation related to crypto assets. The law requires stablecoins to be backed 100% by U.S. dollars or equivalent liquid assets, and mandates annual audits for issuers with a market capitalization exceeding $50 billion, while also establishing regulatory guidelines for overseas issuers. Executives from Circle, Tether, Coinbase, and others attended the signing ceremony, and Trump stated that this move will "establish the U.S. as a dominant force in global finance and encryption technology."

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