July 17, 2026

President Trump urges US banks to finalize crypto market structure bill

Why ETF Custody Models Matter for Bitcoin Supply

President Trump announced that banks are impeding progress on a crucial crypto market structure bill, stressing the urgent need for the U.S. to finalize this legislation to protect the crypto agenda. Major U.S. banks have raised concerns regarding crypto custody regulations and their integration with traditional financial systems, which has contributed to delays in bipartisan efforts to establish regulatory frameworks for crypto exchanges and stablecoins. Trump reiterated that a deal between banks and the crypto industry is essential to keep the sector thriving within the U.S.

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