Update (July 18 at 5:08 p.m. UTC): This article has been updated to include more information on circle attendance during the signature ceremony, scheduled for 6.30 p.m. UTC.
Update (July 18 at 5:33 p.m. UTC): This article has been updated to include a declaration by Sergey Nazarov.
Several high -level personalities in the crypto and blockchain industry have announced that they were planning to be by the team of US President Donald Trump when he signed a stable bill in Judice on Friday.
After delays which seemed to be able to derail votes on bills this week, members of the Chamber of Representatives of the United States adopted three laws on cryptography Thursday: the law on clarity (Clarity) of national innovation and the clarity of national innovation and the law on the state of the clarity of the digital asset market (Clarity) and the anti-CBDC law.
The Genius Act should be promulgated at 6.30 p.m. UTC during a ceremony that should include Trump supporters in cryptography.
In shared opinions on social networks or with Cointelegraph, the legal director of Ripple Sté Alderoty, CEO of Circle Jeremy Allaire, the co -founder of Chainlink Labs, Sergey Nazarov, the digital CEO of Anchorage Nathan McCauley, and the Multicoin Capital Kyle Samani partner, said that the partner of the law on
The event should include other Crypto friendly leaders with the administration, perhaps those with World Liberty Financial, the company supported by the Trump family which has published its own stable co-aging.
The draft differences should come into force in 18 months or 120 days after the US Treasury and the Federal Reserve finalized the regulations, probably after the United States has organized its elections halfway and halfway through Trump’s mandate. The moment suggested that any effect of the bill, positive or negative, would be less likely to be used as a campaign problem for candidates of 2026.
In relation: Genius Act goes to Trump’s office: here is what will change
“The Genius Act is a huge step forward for the stablecoins, forming the base of the payments on the chain for retail users on highly developed and emerging markets,” said Nazarov in a Friday X Post. “With even more Fiat value in mind, we are now at the next stage in the development of our industry, a boom phase of the real world tokenization (RWA).”
McCauley, Nazarov and Samani all met Trump and the White House officials at a Mars cryptography summit, suggesting support for administration policies on digital assets.
Cointelegraph holded the hand to the representatives of Tether, Binance, Kraken, Gemini and World Liberty Financial concerning their potential appearance during the signature event, but had not received any answers at the time of the publication.
What will happen with the other two bills?
The Genius Act heads to Trump’s office because it was adopted in June by the US Senate before the voting of Thursday’s chamber, giving the two chambers of the Congress to examine the amendments before voting on the bill.
However, the law on clarity and the anti-CBDC law on the surveillance state have been introduced to the Chamber, which means that the two bills must go through the Senate before being promulgated.
Several Democrats in the Chamber raised objections during the debate on the three bills on Thursday, including statements that Trump will personally benefit from their adoption because of his investments in World Liberty Financial and his own same.
Some cryptocurrency leaders who supported Trump’s presidential campaign in 2024, such as the co-founder of Gemini, Tyler Winklevoss, praised the adoption of the engineering law on social networks.
https://www.youtube.com/watch?v=Sumyssrjvzm
Votes on CLARTY and CBDC bills in the House suggested that the bills led by the Republicans could face similar challenges of the Democrats in the Senate. More than 70 Democrats have rolled up with the Republicans to adopt the law on clarity, but only two voted Yay on the anti-CBDC bill, which largely adopted the Party Party.
Review: Genius Act reopens the door of a meta-stablecoin, but will it work?
