President Donald Trump described the GENIUS Act as “incredible” and “pure GENIUS” on Truth Social
News event
Claim
Event date
June 19, 2025
Quotes that support claims
President Donald Trump celebrated the move on Truth Social, writing: The Senate just passed an incredible Bill that is going to make America the UNDISPUTED Leader in Digital Assets — Nobody will do it better, it is pure GENIUS! Digital Assets are the future, and our Nation is going to own it. We are talking about MASSIVE Investment, and Big Innovation. The House will hopefully move LIGHTNING FAST, and pass a “clean” GENIUS Act. Get it to my desk, ASAP — NO DELAYS, NO ADD ONS. This is American Brilliance at its best, and we are going to show the World how to WIN with Digital Assets like never before!
The legislation, which would establish a federal framework for the issuance and trading of stablecoins, was described by Trump as "incredible" and a path to making "America the UNDISPUTED Leader in Digital Assets."
Tags
06/19/2025
Week 25 of 2025
Referenced by
Summary
Crypto news
Data block