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Crypto Macro

Trump Urges Congress to Pass ‘Fair Version’ of Clarity Act at Crypto Meeting

At a White House crypto meeting, President Trump touted his administration’s crypto policies and called on Congress to pass a ‘fair version’ of the Clarity Act. He also mentioned that regulators are working to bring Hyperliquid into the U.S. under a compliant framework.

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AI take

The notable signal is not the call for legislation but the pairing of a market-structure bill with a named, still-offshore venue being folded into a domestic framework. That suggests the administration is treating compliance pathways, not just statute, as the lever for pulling activity onshore. For projects weighing U.S. presence, the practical question is whether regulators can deliver that pathway without Congress acting first. Whether the Clarity Act moves, and whether the Hyperliquid effort produces a concrete framework rather than an aspiration, are the two things worth watching.

Generated by AI for reference only.

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