President Donald Trump has announced full support for a major new bill focused on digital assets. The bill, called the GENIUS Act, will be voted on soon in the House of Representatives. President Trump said the goal is to make America the undisputed global leader in digital assets, staying far ahead of China, Europe, and other countries.
Calling it a “tremendous bill,” Trump said the GENIUS Act will help the U.S. lead the future of crypto and blockchain technology. He urged all Republican lawmakers to vote YES when the bill comes up for its first vote this afternoon.
Trump emphasized that digital assets are the future, and that this is a major step toward boosting American innovation and economic power. He also highlighted that the legislation will bring much-needed clarity and regulation to the crypto industry.
The President promised that his administration will continue working with both the House and the Senate to pass more crypto-friendly laws that support innovation and job creation.
