<ul data-eligibleForWebStory="true">President Donald Trump praised recent Senate legislation, claiming the U.S. will lead in digital assets.Trump emphasized the importance of digital assets, calling the legislation 'pure GENIUS.'The GENIUS Act aims to make America a dominant force in digital assets.White House AI & Crypto Czar David Sacks applauded the legislation for enhancing regulatory clarity.Vice President JD Vance expressed strong support for digital asset policy during the Bitcoin 2025 Conference.White House Executive Director Bo Hines highlighted Bitcoin as a crucial asset for the nation.The GENIUS Act mandates 1:1 dollar backed reserves and regular audits for stablecoins.Trump is pushing the House for swift passage of the legislation without amendments.