Trump Calls for Clear Crypto Rules – White House Plans Hyperliquid Integration in the U.S.

Washington, D.C. – It’s one of those rare moments when politics and the tech industry are actually on the same page: U.S. President Donald Trump, in a meeting with top crypto industry representatives at the White House, not only demanded clearer regulations for digital assets—but also presented a concrete plan for how the U.S. could take a leading role in the space. And this from a president who, during his first term, was often seen as hesitant on Bitcoin and other cryptocurrencies.
What a turnaround! According to one attendee, Trump told Ripple, Coinbase, and various blockchain startups during the meeting, “The U.S. must be a leader, not a follower. We need rules that prevent fraud—but also enable growth.” It almost sounds as if someone had explained to him that crypto isn’t just a toy for tech nerds but an economic factor that can’t be ignored.
The “Clarity Act” – Finally, Some Clarity?
At the heart of the discussion is the revised Clarity Act, a bill originally championed by Senators Kirsten Gillibrand (D) and Cynthia Lummis (R). The goal? To finally clarify the division of labor between the SEC (which likes to position itself as the securities watchdog) and the CFTC (which oversees commodities). Until now, this has been a mess—just look at the years-long legal battle between Ripple and the SEC, which hastily classified XRP as an “unregistered security.” (Ironically, the SEC itself has never clearly defined what a cryptocurrency actually is.)
Hyperliquid in the U.S.? A Game-Changer?
But the real bombshell is the news that the White House is apparently in talks with Hyperliquid—a hot DeFi derivatives exchange that has grown into a powerhouse in record time. Founded in 2021, the platform processed over a trillion dollars in trading volume in 2023. So far, Hyperliquid has operated from Dubai, where regulations are looser. But now, the Trump administration cou



ld push for the company to set up under U.S. regulation—provided it complies with strict compliance requirements.
An anonymous government official told me, “Regulatory compliance is not optional—it’s a necessity. If Hyperliquid wants to establish itself in the U.S., it must follow our laws—but we’re willing to work with them.” This sounds like a fair deal: The U.S. gets an innovative platform, and Hyperliquid gains access to the world’s largest crypto market.
The Crypto Industry Is Divided
As always when regulation is on the table, the debate is fierce: some cheer, others warn. Ripple CEO Brad Garlinghouse called the Clarity Act “an important step in the right direction.” “We need legal certainty, finally,” he said. Others, like Meltem Demirors of CoinShares, fear that overly strict rules could benefit big players like Coinbase while stifling innovation.
And then there’s SEC Chair Gary Gensler—a man who seems to view crypto as a problem rather than an opportunity. Whether his agency will support the White House’s plans is far from certain. The U.S. is once again faced with a key question: Do they want to lead—or just watch as other countries, like the EU (with its MiCA law) or Dubai, set the rules for the future?
What’s Next?
The Trump administration appears determined to bring the U.S. back to the forefront of crypto regulation. Alongside the Clarity Act, there could be additional measures—such as tax breaks for digital assets or incentives for crypto mining in states with low energy costs.
Will it all work out? Congress must approve, courts could intervene, and the SEC won’t simply stand by. But one thing is clear: The U.S. stands at a crossroads. Either it seizes the chance to take the lead—or risks falling behind other nations that have long recognized crypto’s importance for the future of finance.
We’ll keep watching the developments—and keep you updated.