Trump Emphasizes Vision to Make US "Crypto Capital" at Davos

Strategic Support for the Crypto Sector During his speech at the World Economic Forum in Davos, Switzerland, US President Donald Trump reaffirmed his vision to establish the United States as the "crypto capital" of the world.
Highlighting that China is targeting the cryptocurrency market following its focus on artificial intelligence, Trump emphasized that the US must maintain technological and financial control in this field.
Referring to the importance of the GENIUS Act signed last year, Trump noted that Congress is currently working on a more comprehensive regulation for the cryptocurrency market structure.
The President expressed his intention to sign this new legal framework, which aims to clear the path for the industry, in the near future.
Legislative Process and Political Balance The draft bill prepared by the US Senate Agriculture Committee envisions critical improvements in the field of decentralized finance (DeFi).
However, Committee Chairman John Boozman pointed out that political disagreements over the bill persist.
Industry representatives assess that it may be difficult for the bill to pass in its current form without sufficient support from the Democratic Party.
For the process to move forward, the Agriculture and Banking committees are expected to vote on their respective versions of the bill.
Despite this uncertainty, the launch of a spot XRP ETF in the US and the nomination of Michael Selig for the CFTC chairmanship are interpreted as strong signals that the administration's crypto-friendly stance continues.
Institutional Adoption Becomes Permanent The Global Crypto Regulation Report published by PwC revealed that institutional crypto adoption has passed an irreversible threshold.
The report stated that discussions in global financial circles have shifted from whether to use crypto to how to integrate these systems into existing financial infrastructures.
Emirhan Erdoğan, Manager of Research and Reporting at Paribu, stated that the inclusion of crypto systems into the core operations of institutions makes this structure permanent.
Current analyses show that crypto assets have solidified their place as a permanent technological layer in the financial system.