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Tether Benefited as Howard Lutnick, Bo Hines Shaped First US Crypto Law

July 22, 2026 at 5:00 PM EDTUpdated on July 22, 2026 at 6:27 PM EDTIt was billed as cryptocurrency’s big moment, President Donald Trump’s first legislative victory in his drive to make the US the “crypto capital of the world.”Surrounded by lawmakers and industry executives in the East Room of the White House, Trump signed the Genius Act into law a year ago this month, celebrating it as a step toward bringing digital assets into the mainstream of American finance.By providing the first set of fed...

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