U.S. President Donald Trump met executives from Coinbase, Kraken, Ripple and Chainlink at the White House on Wednesday and urged Congress to pass the CLARITY Act, according to BlockBeats. Trump said the bill would give the United States a clearer regulatory framework for digital assets and help the country stay ahead in crypto innovation, calling it a measure that would "open the next wave of innovation." The meeting also renewed attention on Trump’s personal and family ties to the crypto sector. Financial disclosure documents show Trump made more than $1.4 billion from crypto-related businesses in 2025, including his personal token project, the family crypto venture World Liberty Financial, and stablecoin-related transactions. That total exceeded the combined income from his traditional real estate and licensing businesses. As Trump pushes crypto-friendly policy, Democratic lawmakers and some regulatory figures have questioned whether his family’s business interests in the sector create a potential conflict with the government’s role in setting industry rules. The White House rejected that criticism and said Trump’s policy goal is to make the United States the global center for crypto. During the meeting, Trump also said U.S. regulators are working to bring decentralized perpetuals trading platform Hyperliquid into the U.S. market in a "fully compliant" manner.
U.S. President Donald Trump met with crypto industry executives from Coinbase, Kraken, Ripple and Chainlink at the White House on Wednesday and urged Congress to pass the CLARITY Act, according to BlockBeats.
The meeting also renewed scrutiny over the scale of Trump family wealth tied to the crypto sector. Financial disclosure documents show Trump made more than $1.4 billion from crypto-related businesses in 2025, including his personal token project, the family crypto company World Liberty Financial (WLF), and stablecoin-related transactions. That amount exceeded the combined income from his traditional real estate and licensing businesses.
Trump calls the CLARITY Act a framework for digital assets
At the White House, Trump said the CLARITY Act would help the United States build a clearer regulatory framework for digital assets and maintain a lead in crypto innovation. He said the bill would "open the next wave of innovation."
Criticism focuses on possible conflicts of interest
As Trump advances crypto-friendly policy, the growth of his personal wealth from the sector has drawn criticism from Democratic lawmakers and some regulatory figures. Critics argue that the Trump family’s crypto business interests present a potential conflict of interest with the government’s role in writing rules for the industry.
The White House rejected those claims, saying Trump’s policy objective is to make the United States the global center for crypto.
Hyperliquid also mentioned during the meeting
During the meeting, Trump also said U.S. regulators are working to bring decentralized perpetuals trading platform Hyperliquid into the American market in a "fully compliant" way.
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