Trump Calls for CLARITY Act at White House crypto summit as HYPE surges

President Donald Trump used a White House meeting with crypto executives and regulators to push for clearer digital asset rules, signal continued U.S. support for the industry and highlight efforts to bring Hyperliquid into the country through a compliant framework.

The summit brought together major crypto and financial industry leaders alongside regulators, including SEC Chair Paul Atkins and CFTC Chair Mike Selig.

Trump Pushes Congress to Pass the CLARITY Act

One of the biggest themes of the meeting was the Crypto CLARITY Act.

Trump called on Congress to move forward with the legislation, arguing that clearer rules are needed if the United States wants to remain a global leader in Bitcoin, crypto and financial technology. He also said his administration was focused on ensuring the U.S. remains the industry's “undisputed leader.”

Related: CLARITY Act faces September challenge as Senate support remains uncertain.

The comments come after the legislation faced delays earlier this month, leaving the crypto industry waiting for the next major step in Washington.

Could the U.S. Buy More Bitcoin?

Trump also said the United States was considering buying “sizable” amounts of Bitcoin and other cryptocurrencies, according to a summit recap shared by Watcher.Guru.

The comments could add to speculation around the future role of digital assets in U.S. government policy, particularly as the administration continues to position crypto as part of America's broader technological and financial strategy.

Hyperliquid Steals the Spotlight

Hyperliquid was one of the biggest market winners from the summit.

Trump said CFTC Chair Mike Selig was working to bring the perpetual futures platform into the United States in a “fully compliant and legal fashion.” Following the remarks, HYPE jumped sharply, with reports showing gains of roughly 11% to 15% as the token moved toward the 60 - 70 range.

Related: HYPE Surges Above $70 as Trump says CFTC is working to bring Hyperliquid to the U.S.

SEC and Gemini Back U.S. Crypto Leadership

SEC Chair Paul Atkins reinforced the administration's broader message, saying regulators would work to ensure major technological advances are realized in the United States.

Gemini co-founders Cameron and Tyler Winklevoss also argued that America should lead the global crypto industry and compete to win market leadership.

Trump summarized his administration's approach with a familiar message: he said he had ended the “war on crypto once and for all.”

The White House meeting shows that crypto policy is becoming increasingly important in Washington. However, the next major test will be whether political support translates into actual legislation particularly progress on the CLARITY Act.