By Hannah Lang, Elizabeth Howcroft, Michelle Conlin and Medha Singh NEW YORK (Reuters) -Crypto exchange Coinbase assures users on its website that it puts any new digital coin through "rigorous" vetting before allowing it to trade.

Beginning on Thursday, businesses affiliated with the president will be allowed to sell off 90 million of $TRUMP tokens, per the crypto-analytics firm Messari. In crypto, this is called an “unlock” — a scheduled increase to the liquidity of a meme coin to allow early investors to cash out if they so choose.

From overseas development deals to an upcoming line of cellphones, Trump family businesses have raked in millions of dollars since his election.

Coinbase and Robinhood are among the leading trading platforms listing cryptocurrencies. The Coinbase (Nasdaq: COIN) stock hit an all-time high (ATH) of $444.64 within a few minutes of the market opening hours on July 18. The stock has been hitting record highs of late, thanks to the progress on key crypto bills in the U.S. Congress.

The stablecoin bill, known as the Genius Act, and the crypto market structure bill, known as the Clarity Act, both received notable bipartisan support. Democratic lawmakers joined with Republicans to pass the stablecoin bill 308-122.

The House is voting on a trio of bills Thursday intended to boost the legitimacy of the cryptocurrency industry with new regulations as President Donald Trump has pushed to make the U.S. the “ crypto capital of the world.

Early investors and insiders who were previously restricted from selling the coins will be able to trade 90 million of the tokens.

The US House on Thursday passed major bipartisan legislation that aims to regulate a type of cryptocurrency known as stablecoins, sending the bill to the president’s desk for his signature.