Crypto Czar Says GENIUS Act Is Trump’s Next Win After ‘One Big, Beautiful Bill’

White Home AI and Crypto Tsar David Sacks celebrated the passage of a giant legislative package deal that he known as ‘One Massive Lovely Invoice’ whereas he signifies that necessary crypto accounts are the next huge victories on the agenda of the Trump administration.

In a tweet of three July, Sack’s President Trump and legislative leaders congratulated on acquiring “historic victories over border safety, tax reductions, reform of nicely -being, deregulation.” He then instantly turned to the subsequent precedence of the administration and introduced: “Subsequent: Crypto Week in The Home (July 14). Genius Act (Stablecoins) goes to the president’s workplace. Readability Act (market construction) goes to the Senate.”

This framing presents the upcoming crypto laws as a part of a profitable and present ruling agenda, with baggage that promise ‘extra victories’.

The Genius Act: The New Rulebook for Stablecoins

On 17 June, the US Senate authorised the invoice of the Genius Act in a voice course of by which 68 legislators voted in favor of a minority of 30 members. The legislation determines the primary federal regulatory framework for a greenback stabilecoin regime.

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Signing the invoice will allow the US Division of Finance to oversee capabilities as included within the Genius ACT and open the doorways for banks, fintech corporations and retailers to function in a regulated Stabilecoin surroundings.

Subsequent: The Readability Act is ready for residence promotion

In contrast to the Genius Act, the Senate should not approve the Readability Act 2025 Invoice but. Nevertheless, analysts and financial stakeholders are optimistic that it will sail via laws such because the Genius Act. The Readability Act was launched to the Home of Representatives on 29 Could 2025 and carried out by home committees on 10 June 2025. It’s at the moment ready for the consideration by the whole Home of Representatives.

The broader agenda: Cement the American management

The current developments emphasize the progress of the Trump administration within the pursuit of its aim within the digital property sector in accordance with the aim of the president to make America the crypto capital of the world.

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Many analysts imagine that the newly adopted Genius Act and different associated accounts will promote the acceptance of the Stablecoin and enhance the ecosystem of the American digital property, with a major impact on the broader cryptocurrency business.