White House Spokesperson: "Trump Plans 'GENIUS Act' Signing Ceremony"

According to foreign media on the 17th (local time), U.S. President Donald Trump is confident about the House passing the stablecoin regulatory law 'GENIUS Act,' and is reportedly preparing a signing ceremony on the afternoon of the 18th (local time). On this day, White House spokesperson Karoline Leavitt stated at a press conference, "The House will soon vote on the bill, and there are enough affirmative votes secured," adding, "Only the President's signature remains, and the signing ceremony is planned for tomorrow afternoon." The 'GENIUS Act' contains provisions to establish a regulatory framework for stablecoin issuers in the United States, and is also expected to contain clauses prohibiting the issuance of competing high-yield stablecoins.