President Donald Trump officially signed the GENIUS Act into law on July 18, 2025, marking a landmark moment for digital assets in the U.S. The legislation, short for “Guiding and Empowering the Nation for Innovation in U.S. Securities,” aims to provide regulatory clarity for blockchain-based technologies.
Lawmakers and industry leaders praised the move as a major step forward. Supporters say the GENIUS Act could unlock innovation in areas such as crypto casinos, tokenized assets, and decentralized finance. The bill passed with bipartisan support after weeks of intense debate and a record 10-hour procedural vote in the House.
President Trump called the law a “game-changer” for American competitiveness in digital finance. “We are leading the world in crypto innovation,” he said during the signing ceremony at the White House.
“I promised to restore American freedom and leadership, and turn the U.S. into the world’s crypto capital,” President Trump said. “We’ve achieved that.”
He was joined by Speaker Mike Johnson and key GOP lawmakers who helped drive the bill forward.
What to Expect from the GENIUS Act
The GENIUS Act gives blockchain developers and digital asset firms clear guidelines for compliance. It also establishes a new federal framework for the classification and oversight of digital tokens. This includes a path for businesses operating crypto casinos to register and operate legally under U.S. law.
Experts say the legislation could significantly impact the online gambling industry. By recognizing certain digital assets as commodities, the law creates new opportunities for crypto casinos and online platforms. These businesses can now integrate blockchain payment systems with fewer legal uncertainties.
Additionally, online casinos may see increased investor confidence and smoother partnerships with fintech providers. Analysts predict a wave of innovation in crypto-based games and blockchain-powered payment rails.
Supporters believe the GENIUS Act will encourage U.S.-based innovation rather than pushing startups abroad. Critics, however, warn of potential loopholes and urge further oversight to prevent abuse.
Still, many agree the law represents a historic step. As digital assets reshape the economy, the GENIUS Act gives businesses and consumers a much-needed regulatory foundation.
With the law now signed, agencies must begin formal rulemaking. The crypto industry and online casinos alike are watching closely for what comes next.