Senator Pete Ricketts, US Senator for Nebraska | Sen. Pete Ricketts Official U.S. Senate headshot
Senator Pete Ricketts, US Senator for Nebraska | Sen. Pete Ricketts Official U.S. Senate headshot
U.S. Senator Pete Ricketts (R-NE) issued a statement following the signing of the GENIUS Act into law by President Trump.
“The GENIUS Act is revolutionary for stablecoins. It protects consumers while promoting innovation and opportunity,” said Ricketts. “It prioritizes national security and advances the U.S. dollar. Nebraska’s a major innovator in the stablecoin space and my amendment will give priority to states like ours when becoming certified. I am very happy that President Trump has signed this legislation into law. I look forward to working with Chairman Tim Scott, Senator Cynthia Lummis, and Senator Bill Hagerty on a digital asset market structure bill next.”
Senator Ricketts previously served as Governor of Nebraska, where he enacted the Nebraska Financial Innovation Act, making Nebraska one of the first states to create its own regulatory framework for digital assets.
The full text of the new legislation is available online.
Alerts Sign-up