President Donald Trump signed the first federal bill to regulate stablecoins, hailing it as a “giant step to cement American dominance of global finance and crypto technology” and delivering a major victory for the digital asset industry.

WASHINGTON: US President Donald Trump on Friday (July 18) signed into law the country’s first major regulation on stablecoins, marking a milestone for the cryptocurrency sector as it

House Republicans promoted this week as the latest step for the U.S. to become the “crypto capital of the world.”