Trump Vows to Sign Major Bitcoin Bill ‘Very Soon,’ Says U.S. Must Remain Crypto Capital
Donald Trump stated he intends to sign significant cryptocurrency legislation soon, emphasizing the U.S.'s need to lead in the crypto market.Summary
U.S. President Donald Trump announced his intention to sign comprehensive cryptocurrency market structure legislation “very soon,” framing it as crucial for maintaining U.S. leadership in financial innovation and a key element in economic competition with China. He highlighted his administration’s embrace of crypto, pointing to the GENIUS Act as a foundational step, and expressed optimism about broader market structure rules becoming law. Trump also acknowledged the political benefits of supporting crypto but stressed the importance of geopolitical competition, noting China’s interest in the market. Lawmakers are currently negotiating a framework for regulating cryptocurrencies, with political action committees backed by crypto firms heavily investing in the political process. At the time of reporting, Bitcoin was trading near $90,000.
(Source：Bitcoin Magazine)