The Blockchain Association has released a statement following the signing of the GENIUS Act by President Trump. The statement, attributed to CEO Summer Mersinger, describes the legislation as a significant milestone for the digital asset industry.
“Today is a landmark moment for our industry. By signing the GENIUS Act into law, President Trump has enacted the most consequential digital asset legislation in United States history. This move cements America’s commitment to innovation, strengthens the role of the U.S. dollar globally, and provides critical clarity for developers, consumers, and financial institutions,” Mersinger stated.
The statement further expressed gratitude towards Congress and President Trump for their efforts in ensuring that America leads in digital asset innovation. “We are grateful to the bipartisan coalition in Congress and to the President for recognizing that America must lead in digital asset innovation. This is a major step forward in ensuring the United States writes the rules for the financial technologies that will define the next generation.”
