Trump Signs GENIUS Act, Reshapes Crypto Regulation

President Donald Trump signed the GENIUS Act, the first major U.S. legislation to regulate stablecoins, expanding federal oversight of cryptocurrency markets. This legislative move, coupled with Trump's return to the White House, has increased global confidence in crypto and contributed to a surge in digital asset investments, particularly among India's affluent investors. Malta remains a leading crypto hub, enhancing its regulations to align closely with EU standards under MiCAR. In Argentina, the government has lifted currency controls and introduced a new regulatory framework for cryptocurrencies to promote compliance and growth. Worldwide, crypto mining operations now face stricter licensing, permitting, and cross-border compliance obligations as governments address environmental, taxation, and security issues. These combined actions underscore a global shift toward comprehensive and proactive cryptocurrency regulation.