U.S. President Donald Trump reaffirmed his unwavering commitment to the digital asset industry this Wednesday during his speech at the World Economic Forum in Davos. According to the president, his support for crypto legislation responds both to a successful political strategy and the imperative need to curb China’s advance in the global financial technology sector today.
During his speech to world leaders and bankers, the president highlighted the signing of the GENIUS Act last year, specifically focused on stablecoin regulation. In this way, the government seeks to ensure that the United States maintains dominance of the financial market against Asian competitors, preventing other powers from taking control of this emerging and highly lucrative ecosystem.
Trump openly admitted that his initial support was motivated by the tremendous political support received from the sector, which has invested millions in electoral campaigns recently. However, he emphasized that technological sovereignty is the real priority, comparing the race for cryptocurrencies with artificial intelligence, where he claims to have the market pretty well locked up for American interests.
Legislative advances to dominate the crypto market structure
Currently, the United States Congress is working intensely on new market structure rules that the president expects to sign very soon. This coordinated effort between two Senate committees aims to establish a robust and clear legal framework for all participants in the digital asset industry on U.S. soil. Regulatory clarity, according to the leader, is the key to attracting foreign capital.
On the other hand, the influence of sector companies on national politics has reached unprecedented levels thanks to political action committees (PACs). These organizations, which donated massively in 2024, are already gearing up to influence the 2026 midterm elections, ensuring that the pro-crypto agenda remains in place. Consequently, the link between political power and digital finance seems to be permanently consolidated.
Will the GENIUS Act succeed in displacing China’s technological hegemony?
Likewise, the narrative of competition against China resonates strongly in the halls of Washington, where technology is seen as a national security weapon. The president stressed that preventing China from seizing the crypto market is vital for the nation’s economic future. Therefore, the acceleration of these laws represents a strategic defensive and offensive move within the current trade war.
Despite criticism from some traditional sectors, the Trump administration maintains its vision of turning the country into the crypto capital of the world. Therefore, it is expected that new regulations will drive innovation and mass adoption, allowing local companies to operate with a significant competitive advantage. The focus is on sustained growth and investor protection under the umbrella of American law.
Finally, the leader concluded that leadership in digital assets is not just a matter of money, but of global influence in the 21st century. Undoubtedly, the future of global finance will be decided on digital ground, and the United States will not allow any other nation to lead this change. Thus, the digital asset industry prepares for a phase of unprecedented expansion under the current presidential term.
