Update (July 18, 5:08 pm UTC): This article was updated to include more information about the attendance of Circle at the signing ceremony, scheduled for 6:30 pm UTC.
Several prominent figures in the Crypto and Blockchain industry announced that they are planning to be by US President Donald Trump when the Stablecoin Bill signs in the law on Friday.
After the delays that seemed to hinder the voices on the bills this week, members of the US House of Representatives Three pieces passed From the encryption legislation on Thursday: the National Innovation and Establishment Act of the United States Law of the United States (Genus), the law of the digital assets market (CBDC).
The genius law is scheduled to be signed at 6:30 pm UTC at a ceremony expected to include Trump encoding supporters.
In joint notifications on social media or with Cointelegraph, chief legal official at Ripple Stuly Alderoty, CEO of Circle Jeremy ALLAIRE, co -founder of Chainlink Labs Sergey Nazarov, CEO of Anchorage Digital Nathan McCalli He said They will attend the Act Genius signing event on Friday.
This event is expected to include other executives of friendly encryption with management, and perhaps those who suffer from World Liberty Financial, which is backed by the Trump family whose Stablecoin released under the audit of legislators.
The Stablecoin Bill is expected to enter into force within 18 months or 120 days of the American regulations of the Ministry and the Federal Reserve, probably after the United States held the mid -term renewal elections and a period through the Trump period. The timing suggested that any traces of the bill, positive or negative, will be less likely to use it as a campaign issue in 2026 candidates.
Related to: ACT ACT is heading to Trump’s office: Here is what will change
McCalli, Nazarov, and Samani met with Trump officials and White House during the Checks summit in March, indicating the support of management policies on digital assets.
CointeleGRAPH with Tether, Binance, Kakeen, Gemini and World Liberty Financial representatives regarding their potential appearance at the signature event, but he did not receive responses at the time of publication.
What will happen with the other two draft laws?
The genius law is heading to the Trump office because it was approved in June by the US Senate before the House of Representatives voted on Thursday, giving both the Congress rooms time to consider the amendments before voting on the bill.
However, the CBDC Classification Law was introduced in the House of Representatives, which means that both projects must pass through the Senate before signing it in the law.
Several Democrats in the House of Representatives raised objections during the discussion on the three laws on Thursday, including allegations that Trump will personally benefit from their approval because of his investments in the world financial freedom and mechanics.
Some of the CEOs of the Crossed Currency who supported the Trump presidential campaign for 2024, such as the co -founder of Gemini Tyler Winklevoss, Be praised The genius traffic works on social media.
https://www.youtube.com/watch?
Voices on CLARTY and CBDC laws in the House of Representatives have suggested that the bills led by the Republic may face similar challenges from Democrats in the Senate. More than 70 democrats stood up to Republicans to pass the clarity law, but only two Yay voting on the CBDC Bill, which has passed largely on party lines.
magazine: Act Genus Act reopens the door to get meta stablecoin, but will it work?
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