The post Best Crypto to Buy Now? US GENIUS Act Ushers in Major Shift for Web3 and AI Tokens appeared on BitcoinEthereumNews.com.

After much deliberation during the Crypto Week, lawmakers in the US have finally passed America’s first major cryptocurrency legislation. Known as the GENIUS Act, this act enforces that stablecoins will now come under proper regulatory oversight in the country. President Trump is expected to sign this legislation into law today, and it will mark a major milestone toward the acceptance of cryptocurrency as a mainstream asset. This could impact the Bitcoin price downstream, opening up venues for other assets, among which the best crypto to buy now could be found. From Perceiving it as a Scam to Becoming a Major Backer: Donald Trump’s U-Turn on Crypto Donald Trump has become one of the biggest backers of cryptocurrencies, establishing his support for this decentralized asset when he first signed the execution order for a Bitcoin Strategic Reserve in March 2025. He is now at a point where he even promotes Bitcoin within NATO. But Trump’s history with cryptocurrency hasn’t always been positive. In fact, there was a time when he called the asset a blatant scam. That was in January 2021, when Bitcoin was just about to hit another high. During an interview with Fox Business, Donald Trump stated that crypto is “not money” and that its volatility is worse than “thin air.” However, his skepticism began to ease in 2024, eventually evolving into a full-fledged U-turn. He now stands as one of the biggest proponents of the cryptocurrency market. His support for the GENIUS Act and the other two bills is a testament to that. And now that the GENIUS Act has received approval, the focus is shifting to how it could shape blockchain innovation. Genius Act and Its Impact on Web3 and AI Cryptos If we go by the face value of the act alone, we realize that the…

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Filed under: News - @ July 18, 2025 12:30 pm