But his legislative wins risk being overshadowed by fallout from his administration’s recent decision not to publicly release files in the sex-trafficking case against Jeffrey Epstein.

Poised to enact its first major legislation regulating cryptocurrency, the United States is pushing digital money into the mainstream.

"The Genius Act will go down in history as a law that served as a foundational step in mainstreaming of crypto as an asset class," said Chris Perkins, president, CoinFund.