U.S. President Donald Trump aims to sign a comprehensive cryptocurrency bill “very soon,” though key stakeholders remain divided.
Speaking at the World Economic Forum in Davos, the U.S. leader reiterated the notion that the country is the “cryptocurrency capital of the world.”
“Congress is actively working on legislation for the cryptocurrency market structure, Bitcoin, and everything else, and I hope to sign it soon,” Trump added.
At the same event, U.S. Treasury Secretary Scott Bessent clarified that the authorities aim to create the “best regulatory regime for digital assets to foster innovation,” which requires time for consensus among all parties.
“THE POLICY OF THIS GOVERNMENT IS TO ADD SEIZED BITCOIN TO OUR DIGITAL ASSET RESERVE” —U.S. Treasury Sec. Scott Bessent on Tornado Cash developers’ seized Bitcoin being sold at USA House in Davos #WEF26 pic.twitter.com/aecT8j3giv
— Christine Lee (@christinenews) January 20, 2026
The official also confirmed the plan to establish a national crypto reserve and to fund it with seized assets. According to him, the government has completely halted the sale of confiscated Bitcoins.
However, Bessent declined to comment on the seized $6 million in the first cryptocurrency from Samourai Wallet developers.
White House AI and cryptocurrency chief David Sacks also stated that American banks will “fully” participate in the cryptocurrency industry following the passage of the Genius Act.
“I advocate for reaching a resolution and facilitating a compromise so that we can present the market structure bill to the president,” he noted.
Following the somewhat mixed signals from American politicians, Bitcoin briefly returned to $90,000. However, at the time of writing, the coin had fallen back to the $88,000 level, to which it dropped the previous day.
Analysts at JPMorgan have identified the Clarity Act as one of the key drivers of the cryptocurrency industry in 2026.