Trump Wishes Bitcoin, Ethereum, XRP 'Happy Crypto Week!' — 'It Is All Part Of Make America Great Again'

Benzinga
2025.07.15 16:52
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U.S. President Donald Trump has urged Republicans to support the GENIUS Act, a significant crypto bill aimed at establishing the U.S. as a leader in digital assets during "Crypto Week." He described the bill as "tremendous" and essential for U.S. competitiveness against China and Europe. The GENIUS Act seeks to clarify cryptocurrency regulations and address issues like token classification and stablecoin frameworks. While it may not directly affect major cryptocurrencies' prices, it is viewed as a crucial step towards a U.S.-led digital economy. A House vote on the bill is expected soon.