Passage of the Genius Act will attract more investment to America. It’s important because for the first time, U.S. stablecoins can operate under a clear federal framework—with mandated reserve backing, auditing, AML oversight, and a bank-like regulatory structure—which bolsters tracts responsible crypto innovation, and ensures market integrity.
Trump War Room
@TrumpWarRoom
.@DavidSacks: "Before President Trump's election, all of the innovation in the crypto community was moving offshore because Biden had declared war on crypto. @POTUS declared that he wanted to make the United States the crypto capital of the planet."
2025-06-20T14:08:06.000Z
2025-06-20T15:42:16.000Z