07:13 AM EDT, 07/21/2025 (MT Newswires) -- Shares of cryptocurrency-related companies were advancing in premarket activity Monday after US President Donald Trump signed a bill regulating stablecoins into law.

The GENIUS Act creates a federal regulatory system for stablecoins, setting requirements such as a 100% reserve backing using liquid assets and for issuers to make monthly public disclosures about their reserves, among others, according to a Friday statement from the White House.

Shares of Bitmine Immersion Technologies ( BMNR ) were up 7%; Bit Digital ( BTBT ) was over 1% higher, BTCS ( BTCS ) was up 5%; SharpLink Gaming ( SBET ) rose by more than 9%; Circle Internet Group ( CRCL ) advanced by more than 1%; Coinbase Global ( COIN ) was up more than 1%; GameSquare ( GAME ) rose by more than 4%; and Strategy (MSTR) was nearly 2% higher in recent premarket activity Monday.