Reporter @theinformation, covering crypto, stablecoins, banking. Ex-Bloomberg. yueqi@theinformation.com. Verify my X account from my official author page.
Trump says the CFTC is working to bring Hyperliquid to the US, in remarks at White House crypto summit today.
Trump: "I understand that Mike (Selig) is also working to bring Hyperliquid into the United States in a fully compliant and legal fashion."
Even if the Clarity Act passes, it would provide far less of a business boost to crypto than many had originally assumed.
My take on why the legislation won't be enough to bring back a crypto boom: