According to breaking news, US President Donald Trump has made statements regarding cryptocurrencies. Trump said the following in his remarks:
The US needs to finalize its cryptocurrency market structure legislation as soon as possible. The crypto agenda must be protected; otherwise, the sector could shift to China and other countries.
He also said that banks should engage with the crypto sector.
The Clarity Act decision has passed the White House’s March 1 deadline; however, according to insider sources, negotiations have not collapsed. Polymarket prices the possibility of the law being signed in 2026 at 72%.
In a statement on the Truth Social platform, Trump said that banks were also threatening the GENIUS Act and trying to weaken the crypto agenda. Stating that this was unacceptable, Trump said that his administration was determined to protect the crypto sector.
Trump stated that the GENIUS Act was the first major step towards making the US the “crypto capital of the world,” and that the CLARITY Act was the critical next step to complete this process.
*This is not investment advice.
