# GENIUS Act

Type: legislation

Source: Startup Intelligence Brief — https://getstartupbrief.com/entity/genius-act
Canonical HTML page: https://getstartupbrief.com/entity/genius-act

## Timeline

- **2026-03-03**: Trump Intervention — Trump issues a public threat to banks via Truth Social, demanding passage of the Clarity Act.
- **2026-02-28**: Deadline Missed — The White House deadline for a compromise between banks and crypto firms passes.
- **2026-01-15**: Senate Postponement — The Senate Banking Committee indefinitely postpones the markup for the Clarity Act.
- **2025-Q4**: GENIUS Act Signed — President Trump signs the first major stablecoin framework into law.

## Recent coverage (3 stories)

### 22-Year-Old Founder Raises $30M at $300M Valuation for Perps Startup
2026-07-11 12:40:44 · Sentiment: Neutral · Impact: 5/10 · Sources: 2

Fresh out of Stanford, Theodore Gillibrand landed a $30M seed round from Lux Capital for APEC, a derivatives exchange aiming to list perpetual futures. The 22-year-old's political lineage adds intrigue, but the startup story is about a bold bet on regulated financial infrastructure.
Full story: https://getstartupbrief.com/story/startups-theodore-gillibrand-30m-apec-perpetuals

### World Liberty Financial: Trump’s $1.4B Crypto Startup Playbook
2026-07-01 00:19:02 · Sentiment: Neutral · Impact: 8/10 · Sources: 10

The Trump family’s crypto venture, World Liberty Financial, generated over $500M last year, showcasing how presidential brand equity can fuel startup-style wealth creation and disrupt venture norms.
Full story: https://getstartupbrief.com/story/trump-world-liberty-financial-startup-1-4b

### Trump Threatens Banks Over 'Hostage' Stablecoin Legislation and Yield Rights
2026-03-04 00:30:14 · Sentiment: Neutral · Impact: 8/10 · Sources: 2

President Donald Trump has launched a public assault on the banking industry, accusing major financial institutions of sabotaging his signature crypto legislation to protect record profits. The conflict centers on the Clarity Act, a market structure bill currently stalled in the Senate over whether crypto platforms can offer yield on stablecoin deposits.
Full story: https://getstartupbrief.com/story/trump-banks-stablecoin-clash-genius-act

---
This page is a machine-readable summary. Sentiment measures the directional read of each development for this entity, not the tone of the reporting; impact weights consequence, not syndication reach. See https://getstartupbrief.com/guides/methodology for the full editorial methodology.