U.S. President Donald Trump pledged on January 21, 2026, that he plans to sign sweeping cryptocurrency market structure legislation “very soon” as part of efforts to ensure that the United States remains the global centre for digital asset innovation, remarks he made during an address at the World Economic Forum in Davos, Switzerland. Trump framed the legislative push as both an economic priority and a strategic move in global competition, particularly against China.
Speaking to world leaders, financial executives and media at the forum, Trump said Congress is actively working on broader crypto market structure rules, including regulation covering Bitcoin and other digital assets, and signalled confidence that the measures would reach his desk soon for signature. He linked the legislative initiative to innovation, savings and financial freedom, arguing that a clear regulatory framework would support investment, consumer confidence and U.S. leadership in the sector.
“To unleash innovation and savings and financing, I’m also working to ensure America remains the crypto capital of the world,” Trump said in his remarks, noting that previous legislation such as the GENIUS Act, focused on stablecoin regulation and signed in 2025, laid a foundation for further crypto regulation. Trump described the crypto push as part of broader economic competition with China, saying that Beijing also wants to dominate the sector.
The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, which Trump signed in July 2025, created a federal framework for stablecoin oversight, including requirements that stablecoins be backed one-for-one by low-risk assets and subject to transparency standards, marking a significant step toward regulated digital money markets.
Trump’s Davos comments come as U.S. lawmakers continue negotiating the structure of broader crypto regulation, including how digital assets are defined under securities or commodities law and which agencies will have oversight. Final legislative language has yet to be released and some committees have delayed markups, underscoring the complex task of building consensus on comprehensive digital asset rules.
The president also suggested that political support from the crypto community has bolstered his stance on cryptocurrency regulation, though he emphasised that geopolitical and economic drivers are central to the strategy. Bitcoin’s price reaction around the time of his remarks, hovering near US$90,000, reflected market optimism about regulatory clarity, though broader macroeconomic factors continue to influence market movements.
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