Trump Signs Historic GENIUS Act for Stablecoin Regulation
Trump Signs Historic GENIUS Act for Stablecoin Regulation
馃敤 Trump's Crypto Plot Twist
President Trump has signed the GENIUS Act into law, marking a watershed moment for cryptocurrency regulation in the United States.
The legislation establishes the first comprehensive federal framework for stablecoin oversight, providing clear guidelines for:
- Issuance requirements
- Reserve management
- Consumer protection measures
- Regulatory compliance standards
This historic move brings much-needed clarity to the digital asset space and positions the U.S. as a leader in stablecoin regulation.
馃嚭馃嚫 Just in: President Trump signs the GENIUS Act into law, the first ever stablecoin regulatory framework in U.S. history.
NEAR Protocol and Infinex Leaders Discuss Web3 Future
A comprehensive interview featuring leaders from **NEAR Protocol** and **Infinex** covers critical Web3 topics: - Market analysis and lessons learned from current cycle - Solutions for user experience and adoption challenges - Comparison between protocols and platforms - NEAR's implementation of intents - Integration of AI and autonomous agents - Future outlook and developments Featuring guests: - @kaiynne (Infinex) - @ilblackdragon (NEAR Protocol) *Interview timestamps available for specific topics ranging from 01:35 to 20:00*
Crypto Market Update - August 6, 2025
Major cryptocurrencies showed positive movement with 1-3% gains, pushing BTC to $115K. The SEC made a significant ruling declaring liquid staking products are not securities. Stablecoin usage reached a new all-time high of $1.5B in July. Key highlights: - SharpLinkGaming increased ETH holdings by 83,561, now at $1.9B total - A CryptoPunk NFT sold for 720 ETH ($2.58M) - Solana launched second-generation Seeker phones - Upexi disclosed 2M SOL holdings ($335M) - TROLL token surged 60%, reaching $200M market cap Hot tokens trending: TROLL, BUCKY, HOUSE, CHILLHOUSE
CFTC Launches Crypto Regulatory Initiative
The Commodity Futures Trading Commission (CFTC) is taking steps to develop a comprehensive regulatory framework for cryptocurrencies. - Initiative aims to create clear guidelines for crypto markets - Part of broader effort to establish regulatory roadmap - Development signals increased institutional focus on digital asset oversight *This move could significantly impact how crypto assets are regulated in the US financial system.* Follow [@Tyler_Did_It](https://twitter.com/Tyler_Did_It) and [@fomohour](https://twitter.com/fomohour) for updates.
Ponke x 223W0RLD Launch Limited Edition NFT-Enabled Collectible
Web3 brands Ponke and 223W0RLD are collaborating on a unique limited edition product launch scheduled for Wednesday. The $69 collectible features innovative tech integration: - Built-in NFC chip that provides access to rewards - Customizable design with removable helmet - Magnetic attachments for accessories - Detachable hands and feet components More details available in the [full Decrypt article](decrypt.co/333564/solana-mem).
SEC Clarifies Stance on Liquid Staking Tokens
The SEC has issued a significant clarification regarding liquid staking tokens, determining that certain variants will not be classified as securities. Key points: - Decision marks a notable shift in regulatory approach - Applies to specific liquid staking implementations - Provides clearer framework for staking providers This development could reduce regulatory uncertainty for liquid staking protocols and their users. The SEC's guidance specifically addresses technical implementations that maintain decentralization standards. [Full SEC statement](https://www.sec.gov/newsroom/speeches-statements/corpfin-certain-liquid-staking-activities-080525)