Compass Investments

In recent news, the head of the United States, Donald Trump, has made statements regarding digital currencies. In his speech, Trump said the following:

the United States should immediately adopt a regulatory framework for the cryptocurrency market. The cryptocurrency field needs to be protected, otherwise it could migrate to the People’s Republic of China and other jurisdictions.

He also emphasized the need for banks to interact with the crypto industry.

The White House’s March 1 deadline for the Clarity Act has already passed, but according to knowledgeable circles, discussions have not stopped. Polymarket predicts a 72 percent chance of the Clarity Act being signed into law in 2026.

In a post on Truth Social, Trump claimed that financial institutions are also creating obstacles to the GENIUS Act and aiming to weaken the crypto sector’s development vector. While stating that such a state of affairs is unacceptable, Trump signaled his administration’s intentions to provide support for the cryptocurrency industry.

Trump noted that the GENIUS Act was the first significant step in making the U.S. the world’s cryptocurrency center, and the CLARITY Act is the next key step in finalizing this transformation.