U.S. Treasury Explores Blockchain Potential under Genious Act

On July 31, 2025, U.S. Treasury Secretary Scott Bessent announced at the White House the government’s exploration into decentralized computing to enhance blockchain technology.

This announcement underscores a pivotal policy shift towards embracing digital assets, potentially boosting market confidence and institutional investment as seen with the GENIUS Act affecting crypto markets.

Market Poised for Shifts Amid Regulatory Clarity

Bitcoin, currently priced at $114,777.51 with a circulating supply of 19,900,346 BTC, experiences varied price movements: a 2.75% drop over 24 hours while gaining 19.00% in the past 90 days. With a market cap of 2.28 trillion, it maintains dominance at 61.18%, according to CoinMarketCap. Stay updated with such developments through Bitcoin Magazine’s insights.

Insights from the Coincu research team suggest potential for increased institutional adoption due to the GENIUS Act and regulatory developments.

“America is a frontier nation … we build the future on the frontier of digital finance.” – Scott Bessent, Secretary of the Treasury.

Market Poised for Shifts Amid Regulatory Clarity

Did you know? The GENIUS Act’s regulatory framework is anticipated to significantly increase demand for U.S. Treasuries, marking a historical shift in how stablecoins are underpinned by government-backed assets.

Bitcoin, currently priced at $114,777.51 with a circulating supply of 19,900,346 BTC, experiences varied price movements: a 2.75% drop over 24 hours while gaining 19.00% in the past 90 days. With a market cap of 2.28 trillion, it maintains dominance at 61.18%, according to CoinMarketCap. Stay updated with such developments through Bitcoin Magazine’s insights.

These may strategically position the U.S. as a digital asset leader, enhancing financial autonomy and promoting technological innovations essential for the growth of blockchain-based economies.