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Trump vows to make US ‘crypto capital of the planet,’ signs GENIUS Act into law

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President Donald Trump signed into law the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act Friday — a landmark piece of legislation that establishes federal regulations surrounding digital currency.
Ahead of signing the bill, Trump recalled how he previously vowed to make the U.S. the «crypto capital of the planet» during a keynote address during a bitcoin conference in Nashville, Tennessee, in July 2024, where he said that regulations his administration would implement would be «written by people who love your industry, not hate your industry.»
«I pledged that we would bring back American liberty and leadership and make the United States the crypto capital of the world,» Trump said Friday. «And that’s what we’ve done. And under the Trump administration, this is only going further.»
President Donald Trump delivers remarks during a signing ceremony for the «GENIUS Act» in the East Room of the White House on July 18, 2025, in Washington.
Stablecoins are a form of digital currency tied to a stable asset like gold or the U.S. dollar, which aims to keep their prices more consistent.
«Just as I promised last year, the GENIUS Act creates a clear and simple regulatory framework to establish and unleash the immense promise of dollar-backed stablecoin,» Trump said Friday. «This could be perhaps the greatest revolution in financial technology since the birth of the internet itself.»
Included in the GENIUS Act are provisions requiring monthly public disclosure of reserve competition, as well as annual audited financial statements for issuers with more than $50 billion in market capitalization, according to the Senate Banking Committee, which spearheaded the legislation.
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President Donald Trump arrives for a signing ceremony for the GENIUS Act in the East Room of the White House in Washington July 18, 2025.
The House passed the GENIUS Act Thursday by a 308–122 vote, after the measure cleared the Senate in June by a 68–30 margin.
«For far too long, America’s digital assets industry has been stifled by ambiguous rules, confusing enforcement and the Biden administration’s anti-crypto crusade,» Majority Whip Tom Emmer, R-Minn., said during a press conference on Thursday. «But President Trump and this Congress are correcting course and unleashing America’s digital asset potential with historic, transformative legislation.»
Despite the bipartisanship and support from a host of Democrats, the legislation didn’t pick up votes from all members of the president’s party.
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Rep. Tom Emmer (R-MN) speaks at a rally featuring U.S. Republican Presidential nominee former President Donald Trump and Republican vice presidential nominee U.S. Sen. J.D. Vance (R-OH) at Herb Brooks National Hockey Center on July 27, 2024, in St. Cloud, Minnesota. (Stephen Maturen/Getty Images)
Twelve Republicans voted against the measure, which has attracted scrutiny from lawmakers like House Financial Services Committee ranking member Rep. Maxine Waters, D-Calif., due to conflict-of-interest concerns as Trump has promoted a digital currency called $TRUMP.
SENATE PASSES LANDMARK CRYPTO LEGISLATION AS BANKING CHAIRMAN TOUTS ‘HISTORIC DAY’
«By passing this bill, Congress will be telling the world that Congress is OK with corruption, OK with foreign companies buying influence, and OK with criminals buying Trump coins to seek pardons and beneficial treatment,» Waters said on the House floor Thursday.
In addition to the GENIUS Act, the House passed two other measures related to cryptocurrency Thursday: Digital Asset Market Clarity Act (CLARITY Act) to install some additional regulatory framework for digital assets, and the Anti-CBDC Surveillance State Act, which aims to stop the Federal Reserve from central bank digital currency (CBDC) directly to individuals and jeopardize their privacy.
Fox News’ Liz Elkind contributed to this report

Rep. Maxine Waters (D-CA) questions Treasury Secretary Scott Bessent as he appears before the House Financial Services Committee on May 7, 2025, in Washington.
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Rusia triplicó la letalidad de sus ataques con drones, son cada vez más masivos y Ucrania busca defensas que le permitan resistir

Las defensas antiaéreas ucranianas enfrentan su mayor desafío desde el inicio de la invasión rusa, ya que los ataques masivos con drones logran penetrar las líneas defensivas a un ritmo sin precedentes, según datos oficiales analizados por el Financial Times.
Los ataques coordinados con drones Shahed, de diseño iraní pero ahora fabricados en territorio ruso, están saturando los sistemas defensivos ucranianos mediante tácticas de “enjambre” que han triplicado la tasa de impactos exitosos en los últimos meses.

Según información de la fuerza aérea ucraniana citada por el Financial Times, aproximadamente el 15% de los drones lograron penetrar las defensas entre abril y junio de este año, un aumento significativo respecto al 5% registrado en los tres meses anteriores.
El volumen de ataques también se ha intensificado considerablemente. Un ejemplo notable ocurrió durante el fin de semana, cuando Rusia lanzó 426 drones de ataque tipo Shahed en una sola operación nocturna que se extendió hasta las primeras horas del lunes, según reportes de las fuerzas aéreas ucranianas.
“El problema no es que las defensas aéreas ucranianas estén empeorando. Lo que vemos es que las nuevas tácticas de enjambre y los drones ahora vuelan a mayor altitud, lo que los hace más efectivos”, explicó Yasir Atalan, del Centro de Estudios Estratégicos e Internacionales, al diario británico.
Moscú ha demostrado una notable capacidad de adaptación en sus técnicas de combate, implementando modificaciones que han incrementado significativamente la efectividad de los drones Shahed, relativamente lentos en comparación con otros proyectiles.
Las innovaciones incluyen ajustes que permiten a los drones volar a velocidades superiores y operar más allá del alcance de las ametralladoras montadas en camiones que Ucrania utiliza tradicionalmente para derribarlos.
Rusia ha denominado “Geran” (geranio) a sus versiones adaptadas y producidas domésticamente de los Shahed, siguiendo la práctica soviética de nombrar armamento con nombres de flores. La variante Geran-3, equipada con motor turbo y capaz de alcanzar hasta 800 kilómetros por hora en picada, ha sido empleada contra Kiev en las últimas semanas, según analistas citados por el FT.
El aumento en la producción doméstica de estos drones ha permitido a Rusia ejecutar ataques de saturación masiva. El 9 de julio se registró un ataque récord cuando las fuerzas rusas desplegaron 728 drones Shahed y señuelos, además de siete misiles de crucero Iskander y seis misiles balísticos Kinzhal lanzados desde aeronaves.
“El incremento en el tamaño de los lanzamientos satura los sistemas defensivos, lo que aumenta la tasa de impacto”, agregó Atalan al Financial Times.
“En lugar de desplegar 500 drones por todo el país como solían hacer, las fuerzas rusas ahora atacan una o dos ciudades a la vez”, afirmó Oleksandr Matviienko, experto en drones de Counteroffensive Pro, una publicación especializada en tecnología de defensa ucraniana.

Las defensas actuales de Ucrania contra los Shahed incluyen guerra electrónica para interferir con sus sistemas de guía GPS, ametralladoras y cañones antiaéreos, incluyendo el avanzado Oerlikon Skynex, un cañón de defensa aérea producido por la empresa alemana Rheinmetall.
En el ataque del domingo por la noche y lunes por la mañana, aproximadamente el 5.4% de los más de 400 drones rusos alcanzaron sus objetivos, una tasa menor que el promedio de los meses recientes. Esta vez las defensas funcionaron algo mejor que en las semanas previas.
El presidente Volodimir Zelensky anunció el 10 de julio que Ucrania ya está “derribando docenas de Shaheds” con drones interceptores de fabricación doméstica en cada ataque ruso. A principios de mes, reveló un acuerdo con Eric Schmidt, director ejecutivo de la empresa estadounidense Swift Beat, para coproducir cientos de miles de drones para Ucrania, incluyendo drones interceptores.
Según Oleksandr Matviienko, para ser efectivos, estos nuevos drones anti-drones necesitarían alcanzar altitudes de 6 kilómetros y velocidades de 200 kilómetros por hora para interceptar los Shahed.
Andrew Turner, director ejecutivo de Saibre Capital y ex mariscal del aire de la Real Fuerza Aérea británica, describió al Financial Times la evolución de las defensas de drones y misiles de Ucrania como típica de la competencia constante entre nuevas innovaciones en la guerra aérea.
“Es un duelo persistente y una evolución entre medidas versus contramedidas versus contra-contramedidas”, señaló Turner. “En Ucrania, este tipo de escalada está ocurriendo cada 14 días, por lo que se mueve a gran velocidad”.
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Lo que hay que saber sobre los archivos Epstein: una receta perfecta para las teorías conspirativas

¿Cuál es el origen del caso?
¿Por qué la investigación de Epstein es la fuente de tantas teorías conspirativas?
¿Cuál era la relación de Trump con Epstein?
¿Qué dice Trump ahora sobre los archivos de Epstein?
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Mamdani silent after Border Patrol officer allegedly shot by illegal immigrant in NYC

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New York City socialist mayoral candidate Zohran Mamdani has remained silent almost two days after an off-duty Border Patrol officer was shot in the face, allegedly by a previously deported illegal immigrant in his city.
Mamdani’s social media posts and website show no public statement on the matter, which has become national news and sparked a broader discussion of President Joe Biden’s border policies and criticism of sanctuary cities.
Fox News Digital reached out to Mamdani’s campaign for comment but did not immediately hear back.
According to police, the suspect, Dominican national Miguel Francisco Mora Nunez, was seen on video getting off a scooter before approaching the officer while he was sitting and speaking to someone near a body of water. The officer has not yet been identified.
MAMDANI CONFRONTED ON STREETS OF NYC ABOUT ‘COMMUNIST’ LABEL, REFUSES TO ANSWER
Zohran Mamdani has not issued a statement on the shooting of a Border Patrol officer. (Department of Homeland Security/Getty)
The officer, who was not in uniform, pulled out a gun to protect himself, and a shootout ensued.
The agent was hit in the face and forearm and transported to a hospital, where he is currently in stable condition. He is expected to survive.
Nunez was shot in the leg and groin during the shootout, police said. He was dropped off at a hospital in the Bronx, according to authorities.
«Sanctuary politicians must condemn this violence and put the safety and security of our citizens first. Make no mistake: these criminal illegal aliens pulled the trigger, but Zohran Mamdani, and other sanctuary politicians in this country have blood on their hands,» Homeland Security Assistant Secretary Tricia McLaughlin told Fox News Digital in a statement.
«Secretary Noem is calling on every politician at every level of government to abandon these reckless, lawless policies and stop playing Russian roulette with American lives. DHS will continue to flood the zone in sanctuary cities and remove these criminals one by one,» she added.
MAMDANI SPARKS SOCIAL MEDIA FRENZY WITH VIRAL CLIP DISCUSSING WHAT HAPPENS IF HE RUNS OUT OF MONEY

Mamdani briefly speaks with reporters as he leaves the Dirksen Senate Office Building on July 16, 2025, in Washington. (Michael M. Santiago/Getty Images)
DHS also told Fox News that Nunez has an active warrant for kidnapping in the state of Massachusetts, in addition to prior felony arrests.
«We were able to bring the second individual in and have detained him as well, and he will face consequences and hopefully strong prosecution for his crimes and his involvement on Saturday night,» Secretary Kristi Noem told reporters Monday.
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President Donald Trump weighed in on the shooting Sunday afternoon, writing that «an incredible CBP Officer was shot in the face by an Illegal Alien Monster freed into the Country under Joe Biden.»
Mamdani has been widely criticized for his previous calls to defund the police and his stated opposition to working with Trump to deport illegal immigrants if he is elected mayor in November.
Mamdani said in June after winning the primary race that he would halt «masked» U.S. Immigration and Customs Enforcement (ICE) officials from «deporting our neighbors.»

Mamdani speaks during a press conference while campaigning outside a subway station in New York City on April 1, 2025. (Reuters/Brendan McDermid)
The mayoral hopeful announced on Sunday that he was headed to Uganda «in a personal capacity» to celebrate his marriage to his wife, Rama, with their family and friends.
«I do want to apologize to the haters, because I will be coming back,» he said, adding he would return to New York City «by the end of the month.»
Federal immigration authorities have faced an increase in public scrutiny from Democrats and left-wing activist groups, even to the point of violence. Border Patrol was targeted in an ambush earlier this month at an annex facility in McAllen, Texas, in which a local police officer was hit in the leg, and two Border Patrol personnel were injured. The gunman was killed.
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In addition, 12 individuals are facing charges, including 10 for attempted murder of federal officers, in an Independence Day attack outside the Prairieland Detention Center in Alvarado, Texas, intended to target ICE agents. A police officer was shot in the neck but is expected to recover, and cars were vandalized.
Overall, ICE agents have faced an 830% increase in assaults since this time last year as the Trump administration continues to ramp up deportation and immigration enforcement efforts, according to DHS.
«Rocks, Molotov cocktails, and even gunfire. Our brave ICE agents are facing attacks at a level never seen before in America – an 830% increase. Stand for the homeland. Stand for law and order. Stand with ICE,» Homeland Security posted to X last week.
Fox News Digital reached out to ICE and CBP for comment but did not immediately hear back.
Fox News Digital’s Bill Melugin contributed to this report.
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