Trump Secures Deal to Advance GENIUS Crypto Act
President Trump secures a deal to advance the GENIUS Crypto Act after initial failure. The bill focuses on requiring stablecoins.

Quick Take
Summary is AI generated, newsroom reviewed.
President Trump revived the GENIUS Crypto Act after it failed in the House.
The bill mandates 100% reserve backing for stablecoins, aiming to secure the market.
Critics fear the bill could enable CBDC adoption, threatening financial privacy.
Trump’s intervention reflects growing political support for the crypto industry.
President Donald Trump played a pivotal role in reviving the GENIUS Crypto Act. The bill had initially failed a House vote on July 15, 2025,. Therefore with a vote of 196-223, amid concerns about a potential central bank digital currency (CBDC) backdoor. Despite these concerns, Trump secured a deal by 8:43 PM that evening. This also helped him gain 11 of the 12 necessary Republican votes to advance the bill.
The intervention by Trump points to his relevance in politics after the election and the GENIUS act. His actions coincide with the overall financial interest of the crypto industry, who is investing 119 million on pro crypto candidates revealing a shift in politics. As Bitcoin hits all-time highs, stablecoin regulation has become more of a matter of urgency and it is important that such a bill becomes law. The actions of Trump indicate an important new direction in the continuing battle over legislation of cryptocurrencies.
Trump’s Strategic Influence Drives Crypto Bill Forward
Skepticism however still exists in the bill. The critics, including Rep. Marjorie Taylor Greene and Rep. Luna, argue that the bill may allow the usage of CBDC, which they describe as a risk to financial privacy. It is the crypto industry that is closely following as the bill draws closer to a vote tomorrow morning. The case of the successful passing of the GENIUS Act would establish a more secure system around the stablecoins as they would be 100 percent pegged, having a reserve held. The bill would establish an example of subsequent cryptocurrency regulations, making the U.S. government to go with the current trend of requiring clear rules in the cryptocurrency arena.
The making of the deals with Trump indicates his being influential in the formulation of the crypto policy. His contribution plays a significant role in advancing the GENIUS Act. In case of success, this bill will establish the potent stablecoin policies. Critics still feel uneasy about the risks of CBDC with the bill. Lawmakers are under pressure by the increased demand of regulating there cryptos.
Political tensions are on the increase with the vote drawing closer. The result would become an example of potential crypto laws. Blockchain investors and supporters are eager to wait to have the final decision. Skepticism notwithstanding, the moves of Trump are tactical shifts. He has managed to drum up support among the Republicans towards the bill. One cannot deny the increased power of the industry of the cryptocurrency industry in politics. The next step toward the digital currency laws is underway.

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