Trump Says He Hopes to Sign Crypto Market Structure Bill ‘Very Soon’

Former President Donald J. Trump has ramped up his appeal to the cryptocurrency community, publicly stating his intention to sign a comprehensive crypto market structure bill ‘very soon’ should he win the upcoming presidential election. The comments, made during a campaign engagement, signify a decisive push to establish the United States as the global leader in digital asset innovation.

While Trump did not specify the exact legislation, his remarks are widely seen as support for congressional efforts aimed at providing regulatory clarity for the industry. This likely refers to initiatives such as the Financial Innovation and Technology for the 21st Century Act (FIT21), which seeks to clearly delineate the regulatory boundaries between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) concerning digital assets.

Trump criticized the current administration’s regulatory posture, arguing that the restrictive approach of bodies like the SEC has forced innovation and capital overseas. He emphasized that his administration would prioritize a stable, defined legal framework to ensure that crypto companies remain operational within the U.S., thereby creating jobs and technological advantages. This promise of swift action on market structure legislation serves as a direct message to crypto voters, positioning Trump as a strong proponent of the industry and contrasting sharply with the existing environment characterized by regulation through enforcement.

Source: Trump Says He Hopes to Sign Crypto Market Structure Bill ‘Very Soon’