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Trump on GENIUS stablecoin bill: ‘Get it to my desk, ASAP’

cryptoweekly by cryptoweekly
June 19, 2025
in bitcoin, News
0

US President Donald Trump wants House members to pass the key stablecoin bill “LIGHTNING FAST” so that he can sign it into law.

US President Donald Trump has urged the House to pass the Guiding and Establishing National Innovation for US Stablecoins Act as soon as possible so he can officially sign it into law.

”The Senate just passed an incredible Bill that is going to make America the UNDISPUTED Leader in Digital Assets,” Trump said before calling on the House of Representatives to pass the bill “LIGHTNING FAST” in a Truth Social post on Thursday.

”Get it to my desk, ASAP — NO DELAYS, NO ADD ONS,” the US president said of the GENIUS Act.

His post came after the US Senate passed the GENIUS Act in a 68-30 vote on Tuesday.

A vote in the House is next, where Republicans also hold a slim majority over Democrats.

Many proponents of the GENIUS Act believe it would play a crucial role in maintaining US dollar dominance in global finance.

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Recent Posts
  • XLM's price to rocket like XRP, Trump’s big crypto nod: Hodler’s Digest, July 13 – 19
  • US Lawmaker sounds alarm on GENIUS bill, says it's a CBDC Trojan Horse
  • Macro drivers will dampen Bitcoin’s halving cycle — Tim Draper
  • Indian crypto exchange CoinDCX hacked, $44 million drained
  • Can XRP price reach $20? These charts say ‘full bull’ phase is still ahead
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  • Russian government readies tougher rules for miners

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