🔹 Former U.S. President Donald Trump stated at the World Economic Forum (Davos) that his goal is to make America the “Crypto Capital of the World.”
🔹 According to Trump, Congress is working on fast-tracking the crypto & Bitcoin market structure law — and he wants to sign it soon.
⚠ But the drama is not over yet...
🔸 Progress has been made on the bill in the Senate, but:
Coinbase suddenly withdrew support
The Senate Banking Committee postponed the hearing at the last moment
💥 What is the fight about? 👉 Stablecoin rewards
🏦 Banks say:
If platforms like Coinbase continue to offer rewards, bank deposits will shift towards crypto
Community banks will suffer
🪙 Response from the crypto industry:
Banks are afraid of competition
Innovation is being stifled
🧠 White House's stand
Delay can be dangerous
Momentum should not be lost under a pro-crypto government
🗣 Ripple CEO Brad Garlinghouse:
“There is no perfect law, but clear rules are necessary for innovation to grow.”
👤 White House AI & Crypto Czar David Sacks:
Compromise is necessary
Goal: to get the bill to the President's desk
📅 Next Key Date
Jan 27: Senate Agriculture Committee hearing
Updated text of the crypto bill expected this week
Banking Committee hearing still pending
🔥 Bottom Line:
Crypto regulation is at a decisive moment in America — if the law passes, it could change the game for global crypto markets.
#CryptoNews #bitcoin #Stablecoins #TRUMP #USCrypto #blockchain 🚀
