US House Passes Bipartisan GENIUS Act; President Trump Expected to Sign Crypto Regulation Bill

The US House approved the GENIUS Act with bipartisan support, regulating stablecoins. President Trump is set to sign the bill Friday, marking a key victory for his pro-crypto agenda.

L 26%

C 37%

R 37%

Overview

A summary of the key points of this story verified across multiple sources.

The US House of Representatives overwhelmingly approved the GENIUS Act with a 308-122 bipartisan vote, signaling strong support for comprehensive cryptocurrency regulations.

This landmark legislation specifically includes provisions designed to regulate stablecoins, ensuring they are linked to established reserve currencies such as the US dollar for stability.

President Trump is anticipated to sign the GENIUS Act into law at 2:30 p.m. ET on Friday, a move that represents a significant achievement for his administration's pro-cryptocurrency initiatives.

The federal stablecoin bill, a key component, incorporates initial guardrails and robust consumer protections, aiming to bring regulatory clarity to less volatile forms of digital currency.

While the GENIUS Act moves forward, other cryptocurrency bills also passed by the House may encounter significant challenges and potential hurdles when they proceed to the Senate for consideration.

Written using shared reports from

27 sources

Report issue

Analysis

Compare how each side frames the story — including which facts they emphasize or leave out.

$center-leaning sources frame the GENIUS Act's signing as a significant, positive milestone for the crypto industry. Their collective editorial choices emphasize the legislation's "landmark" status and the industry's newfound legitimacy. While acknowledging political spending and potential conflicts of interest, these aspects are often presented as secondary to the celebratory narrative of technological advancement and financial innovation.

How we categorize media bias