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In a landmark second for each Ripple and the broader crypto trade, US President Donald Trump has formally signed the Guiding and Establishing Nationwide Innovation for US Stablecoins Act, or the “GENIUS Act.” Notably, Ripple’s Chief Government Officer (CEO), Brad Garlinghouse, has likened this newly handed invoice to the sweeping reforms enacted after the well-known 2008 monetary disaster. He calls the GENIUS Act a turning level for digital belongings in the USA, signaling a daring step towards higher regulatory readability whereas cementing the nation’s place within the international race for fintech management.
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