#TRUMP en Davos
"U.S. will be the Crypto Capital" as the GENIUS Law unleashes a war between Banks and Exchanges
From the World Economic Forum in Davos, President Donald Trump has reaffirmed his commitment to making the United States the global epicenter for digital assets. However, the path to signing comprehensive legislation faces fierce resistance and a deep rift between traditional financial players and digital natives.
Presidential Promise: Trump assured that he expects to sign "very soon" a law regarding the structure of the crypto market and Bitcoin, calling it a legislative priority to consolidate U.S. dominance.
The Coinbase Rift: Despite the optimism from the White House, momentum in the Senate has stalled after Coinbase withdrew its support and the vote in the Banking Committee was postponed.
The GENIUS Conflict: The core of the dispute is the stablecoin law known as #GENIUS . Although it prohibits direct interest payments to users, it allows third parties (such as exchanges) to offer rewards, which banks consider unfair competition.
Banks vs. Crypto: Banking groups fear a massive "deposit flight" affecting community banking. For its part, the crypto industry accuses banks of trying to stifle innovation to protect their financial monopoly.
