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Ripple CEO Brad Garlinghouse compares the passing of the GENIUS Act to that of the historic 2010 Dodd-Frank Act.
Washington, United States—The US House of Representatives on Thursday passed three landmark cryptocurrency bills, fulfilling the Trump administration’s commitment to the once-controversial industry.
The U. S. House of Representatives has approved the GENIUS Act, the inaugural federal regulatory framework targeting fiat‑backed stablecoins, with a decisive 308–122 bipartisan vote on 17 July 2025.
The U.S. House of Representatives' approval of the GENIUS Act is “a landmark moment for crypto and stablecoins in particular, according to analyst George Kailas.
Crypto executives poured millions into Trump’s campaign, and now he’s helping to make their priorities into law.