Crypto Policy Gains Momentum as Trump Backs Market Structure Bill
U.S. President Donald TRUMP has thrown his weight behind updated legislation aimed at establishing a clear market structure for cryptocurrencies. His endorsement follows earlier remarks at the World Economic Forum in Davos, signaling a growing political focus on digital asset regulation.
Congress is actively advancing broader laws to define the operational framework for the crypto market, with Trump anticipating legislation ready for his signature in the NEAR term. The push comes amid sustained pressure from the crypto industry for regulatory clarity.
Cryptocurrency-focused political action committees (PACs) played a significant role in the 2024 elections, channeling substantial funding to candidates supportive of crypto-friendly policies. With market structure legislation now in progress, these groups are expected to ramp up activity ahead of the 2026 midterms.
Trump framed his support for digital assets as part of a broader technological competition with China. "China wanted that market too," he noted, emphasizing the need to prevent Chinese dominance in the emerging sector.