Trump Fast-Tracks Crypto Bill at Davos: ‘Strategic’ Dominance Over China

Market Structure Bill Imminent

President Donald Trump confirmed today at the World Economic Forum that he expects to sign comprehensive crypto market structure legislation “very soon,” signaling the end of a regulatory stalemate that has plagued the industry for years. Speaking to global leaders in Davos, Trump explicitly framed the move as a geopolitical necessity, stating that the U.S. must codify its digital asset framework to prevent Chinese dominance.

The market reacted instantly. Bitcoin (BTC) reclaimed the $89,000 level ($89,800, +2.2%), erasing losses from earlier in the week as traders priced in the legislative certainty.

The ‘Strategic Asset’ Doctrine

Trump’s rhetoric marks a definitive shift from consumer protection to national security. By labeling the crypto market a strategic asset, the administration is effectively boxing out regulatory delays. The President warned that allowing regulatory ambiguity to persist would hand the sector to Beijing:

“We have to make it so that China doesn’t get the hold of it. It’s just like they want the AI, and we’ve got that market… locked up.”

Banking and Crypto: ‘One Industry’

The legislative push is being coordinated with a broader integration strategy. David Sacks, Trump’s AI and Crypto Czar, told attendees that the wall between digital assets and traditional banking is coming down. Sacks described a future where the two sectors merge into “one industry,” a comment likely to accelerate partnerships between Wall Street incumbents and DeFi protocols.

This follows reports of friction behind the scenes. Coinbase CEO Brian Armstrong, also in Davos, has been locked in discussions with policymakers after reportedly withdrawing support for an earlier version of the bill over yield restrictions. The President’s public commitment today puts significant pressure on all parties, banks and exchanges alike, to finalize the text.