Trump announced in Davos that law on US crypto market would soon be passed

22.01.2026    17:08

US President Donald Trump said in a speech at the World Economic Forum in Davos that he expects to sign a law regulating the crypto market, which will cover Bitcoin in particular, in the near future. According to him, the administration is striving to ensure that the US remains the “crypto capital of the world.” Trump also recalled that he had previously signed the GENIUS Act and added that Congress is working “very diligently” on a new set of rules for crypto assets, which he “hopes to sign very soon.”

Trump's statements were accompanied by increased volatility in the cryptocurrency market: according to industry publications, Bitcoin initially fell after the comments from Davos, but then partially recovered and returned to levels around $90,000 as investors assessed the signals regarding regulation and the overall news background.

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