Regulatory uncertainty drove crypto innovation offshore, but new bipartisan leadership and clear frameworks can restore America’s financial dominance.
Opinion by: Senator Tim Scott and Senator Cynthia Lummis
The US Congress recently took a major step toward reclaiming the United States’ leadership in financial innovation. We passed, and President Trump signed, the bipartisan GENIUS Act passed — a landmark bill that establishes the first-ever federal framework for payment stablecoins.
It’s a milestone for consumer protection, national security and American competitiveness — and proof that principled leadership can still deliver real results.
