Trump Wants the US to Lead Crypto: Here Are the Biggest Takeaways From the White House Meeting

President Donald Trump met with executives from Coinbase, Ripple, Gemini, and different main crypto firms at the White House on Wednesday as the administration sought to take a stronger place in the digital asset trade.

The dialogue centered closely on the Digital Asset Market Clarity Act, Bitcoin, and the push to convey extra crypto exercise into the US.

CLARITY, Bitcoin and Hyperliquid

Trump called on Congress to cross “a good model” of CLARITY and mentioned the laws would assist hold the US “forward of China.” The invoice handed the House of Representatives in July 2025 however has remained stalled in the Senate over points together with tokenized equities, stablecoin rewards, and considerations about potential conflicts involving the Trump household and the crypto trade.

Coinbase CEO Brian Armstrong mentioned the laws would make the nation’s crypto coverage “sturdy into the future, so it might survive for many years and many years to come.” The exec expects the invoice to get “greater than 60 votes” when the Senate takes up a cloture movement on September 15. Trump backed Armstrong’s evaluation of the invoice’s assist and mentioned,

“It’s very bipartisan, I might say. Lot of Democrats assist.”

During the assembly, Trump additionally mentioned the US has mentioned plans to purchase “sizable” quantities of Bitcoin and different cryptocurrencies. He later mentioned,

“We’re going to guarantee America stays the undisputed chief, not solely in Bitcoin and crypto, but in addition in applied sciences like prediction markets and synthetic intelligence.”

Hyperliquid was one other subject raised throughout the assembly. Trump mentioned Commodity Futures Trading Commission Chair Michael Selig is working to convey the perpetuals-focused buying and selling platform into the US in a “totally compliant and authorized vogue.” HYPE jumped greater than 20% following the remarks and climbed to $71.

Markets Cheer, But Hurdles Remain

Crypto markets reacted strongly after the White House assembly and the newest alerts on regulation. Bitcoin gained 7% and tapped $70,000, whereas Ethereum posted an even bigger bounce of practically 18% and reached $2,327. XRP additionally moved greater because it climbed to $1.14.

But the greater query for the trade remains to be in Washington. Trump can urge lawmakers to transfer forward, however the CLARITY Act should nonetheless clear political hurdles in the Senate. Democratic Senator Ruben Gallego, as an example, warned lawmakers to decelerate relatively than rush towards a Senate vote. Speaking at the SALT Wyoming Blockchain Symposium on Wednesday, Gallego mentioned Democrats and Republicans nonetheless want to work by way of disagreements over ethics and stablecoin yield.

“Don’t go for a quick vote. A quick vote will get you a quick end result, however I’m unsure it’s the end result you need.”

It is essential to word that Senate Democrats have pushed for language that will stop public officers, together with the president, from promoting digital currencies. But Gallego mentioned that repeated efforts to attain the White House on the ethics language have made little progress.

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