exist July 18, 2025highly anticipated genius (S.1582) signed into law by President Trump, a landmark federal framework

Since then, I have seen many voices of goodwill, even from within the cryptocurrency and fintech, assuming that the law is now “real-time” or that the state can already authorize genius distributions under its existing framework.

Let’s clarify: they can’t.

🔹 Genius behavior is not immediately effective

Section 20 clearly states that the bill can also be enforced:

✔️From the written law (January 18, 2027) or

120 days after the finalization of Federal #Regulation – whichever comes first.

🔹 The country cannot predict that date

Even states like Wyoming, New York, California or Texas (which already allow for stable issuances that are regulated) cannot “activation“Genius authority in the early days.

Until the bill is in effect, no issuer can ask for genius compliance, even under the $10B cap.

Yes, there is a dual-track regime – allowing smaller issuers to choose state oversight, but the bill will only be implemented after their state is formally accredited by the Stablecoin Certification Review Board.

States may continue to regulate stable issuances under their own laws, but this is different from a framework that is in line with genius – claiming that it can expose issuers to regulatory misalignment or even federal law enforcement risks.

📌Bottom line: Don’t confuse early national innovation with early federal effectiveness.

Genius will reshape a stable market – but according to federal and federal schedules.

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https://www.whitehouse.gov/fact-sheets/2025/07/fact-sheet-president-donald-j-trump-signs-genius-act-act-into law