President Donald Trump urged Congress on Tuesday to advance what he described as a "fair version" of the Clarity Act during a White House meeting focused on cryptocurrency policy, while highlighting his administration's broader efforts to reshape digital asset regulation in the United States.
Trump Pushes for Market Structure Legislation
Speaking at the gathering, Trump called on lawmakers to move forward with the Clarity Act, legislation aimed at establishing clearer rules for how digital assets are classified and regulated across federal agencies. The president framed the measure as a priority for his administration's crypto agenda, emphasizing the need for balanced rules that give the industry room to operate within the country.
The Clarity Act has been a focal point for the crypto sector, which has long argued that regulatory uncertainty in the U.S. has driven innovation and business overseas. Supporters say a defined framework would help resolve years of jurisdictional disputes over which assets fall under securities laws.
"A fair version of the Clarity Act" is what the president says Congress should deliver to bring order to crypto regulation.
Bringing Hyperliquid Onshore
During the meeting, Trump also pointed to ongoing regulatory work intended to bring Hyperliquid, a decentralized derivatives exchange, into the United States under a compliant framework. The comments signal an intent by regulators to attract offshore crypto platforms back onto American soil through clearer legal pathways.
The remarks reflect a shift in tone from previous administrations, positioning the current White House as more accommodating to digital asset firms that have historically operated outside U.S. jurisdiction to avoid regulatory friction.
A Broader Crypto Push
Trump used the occasion to tout his administration's overall approach to cryptocurrency, presenting his policies as friendlier to the industry than those of his predecessors. The meeting underscored the administration's continued outreach to crypto stakeholders as it works to implement new rules.
Key themes from the meeting included:
- A call for Congress to pass fair market structure legislation
- Efforts to bring offshore platforms like Hyperliquid into compliant U.S. frameworks
- Continued promotion of the administration's pro-crypto stance
Whether Congress will move quickly on the Clarity Act remains uncertain, but the president's public backing adds momentum to a legislative effort the industry has closely tracked.