The GENIUS Act, which sets up rules for stablecoins, was signed by President Trump.



The GENIUS Act, which sets up rules for stablecoins, was signed by President Trump.

Bitcoin drops while ether and solana rise to end the week on today's episode of CNBC Crypto World. The GENIUS Act stablecoin regulation bill will also be on President Trump's desk to sign on Friday afternoon. Ryan Peters, an assistant professor of finance at Tulane University's Freeman School of Business, talks about what the new law means for the crypto industry and what the next steps should be for regulation in the US.