President Donald Trump on Friday signed the first major federal law governing cryptocurrency, a business that Trump's family has begun forging strong ties to and has promoted in recent years.

The US crypto industry is celebrating as Congress passed three major bills in its “Crypto Week” legislative bonanza.

After a week of squabbling in Washington, the cryptocurrency industry secured one of its primary legislative objectives and made progress toward a second one.

On July 17, the US House passed the CLARITY Act; the bill is now heading to the Senate, where it faces a more complex path.

President Trump is signing the country's first major legislation aimed at regulating cryptocurrency on Friday.

The House of Representatives today approved GENIUS, clearing the way for stablecoin act to go to President Trump for signature. It also passed CLARITY market structure legislation, sending it to the Senate.

President Trump signed the first major cryptocurrency bill into law Friday, marking a key milestone for an industry that has found a crucial ally in the president.  He touted the GENIUS Act, which

The House this week took up a trio of bills that would establish a federal framework for regulating the cryptocurrency industry. One of the measures cleared Congress and is on its way to enactment.