The GENIUS Act could open up alternative pathways for financial investments for Black Americans, who have disproportionately invested in crypto

As Trump prepares to sign the law, Consumer Reports' senior director monitoring digital marketplaces, Delicia Hand, told Ars that the group plans to work with other consumer advocates and the implementing regulator to try to close any gaps in the stablecoin legislation that would leave Americans vulnerable.

Two of the legislations — the GENIUS Act and the CLARITY Act — were passed with significant bipartisan support.

Georgia Republican Representative Marjorie Taylor Greene invoked the Bible on Wednesday to declare her opposition to a landmark cryptocurrency bill, equating the legislation’s potential impact to the Biblical end of times.