Trump’s Davos Announcement
President Donald Trump stated during his address at the World Economic Forum in Davos, Switzerland, on January 21, 2026, that he hopes to sign a major crypto market structure bill very soon. He tied this to his goal of making the United States the global crypto capital. Trump noted he supported such Trump crypto legislation due to strong political backing and to counter China’s influence in the space.
The remarks came in a speech focused on economic achievements. Trump referenced signing the GENIUS Act in 2025, which set rules for stablecoins. He described the pending bill as unlocking financial freedom for Americans through clearer digital asset regulation.
Bill Details and Progress
The bill in question is the Digital Asset Market Clarity Act of 2025, or CLARITY Act, introduced as H.R. 3633 in the 119th Congress. It aims to define rules for digital commodities, splitting oversight between the SEC and CFTC. It also bars Federal Reserve banks from direct services to individuals and limits central bank digital currencies for policy use.
Senate committees released draft text on January 13, 2026. White House advisor Patrick Witt urged quick passage in a January 20, 2026, X post, calling it inevitable under the current administration. Coinbase withdrew support last week, citing burdens, but the White House remains committed.
Push for U.S. Crypto Leadership
Trump’s comments build on prior actions, like a March 2025 executive order creating a strategic Bitcoin reserve from seized assets. This limited taxpayer costs while signaling U.S. crypto capital ambitions.
Industry leaders see the bill as key to ending enforcement-based regulation and boosting adoption. Senators unveiled the framework on January 13, 2026, to clarify jurisdiction and encourage growth. If signed, it could draw institutions and keep innovation domestic.
