Trump Promises to Sign Crypto Market Structure Bill Soon

President Donald Trump stated on Wednesday that he intends to sign broad crypto market structure legislation soon. Speaking at the World Economic Forum in Davos, Switzerland, he emphasized the importance of maintaining United States leadership in digital assets amid growing global competition. His remarks highlighted crypto as a key area for financial innovation and economic strategy.

The president's comments aligned with a small rally in Bitcoin, which climbed to $90,000 as markets anticipated more supportive regulatory clarity from Washington. Trump described the push for clear rules as essential to fostering innovation, savings, and new financing opportunities for Americans. He positioned the United States as the frontrunner in the crypto space and expressed determination to keep it that way.

Trump's Focus on Global Competition and Domestic Progress

Trump referenced the GENIUS Act, which he signed last year to establish a framework for stablecoins, as an important initial step in building a robust crypto ecosystem. He told the audience that Congress is actively developing wider market structure legislation covering Bitcoin and other crypto and digital assets. The president expressed optimism that this comprehensive bill would reach his desk soon, enabling greater financial freedom for citizens through clearer regulatory guidelines.

The president framed crypto policy as part of a larger strategic rivalry, particularly with China, which he said is also seeking dominance in emerging technologies like artificial intelligence and cryptocurrencies. Trump asserted that the United States has secured a strong position in the crypto market and intends to protect it. He argued that supportive policies are necessary not just for economic reasons but to prevent other nations from gaining ground in this critical sector.

Trump also addressed the political dimension of his administration's crypto stance, noting that the industry provided significant backing during the 2024 election cycle. He contrasted this with the approach of the previous administration, suggesting that Biden and Democrats shifted their position on digital assets only late in the campaign after recognizing voter interest. The president described that change as coming too late to influence the outcome.

Lawmakers on Capitol Hill continue negotiations on the details of market structure legislation, including how to classify various tokens and which federal agencies should oversee different aspects of the industry. The Senate has been advancing related bills through committees, though final text and markup sessions have faced repeated delays. Industry groups and political action committees supported by crypto companies invested heavily in the most recent elections and are already preparing for the 2026 midterms.

These developments show the growing integration of cryptocurrency into mainstream economic and political discussions in the United States. Clear federal rules could provide the certainty that many market participants have long sought, potentially encouraging further institutional adoption. Trump's public commitment to signing the legislation reflects the administration's view that a strong domestic crypto sector supports broader goals of innovation and competitiveness on the world stage.