Trump Urges Clarity Act as He Raises Prospect of Larger US Crypto Holdings
Key Takeaways
- •President Trump urged Congress to pass a fair version of the Clarity Act, a market-structure bill that would route digital commodities and their trading platforms to the CFTC while leaving assets deemed securities with the SEC.
- •The Clarity Act cleared the House Financial Services and Agriculture Committees with bipartisan support and is widely viewed as the companion to the GENIUS Act, the federal stablecoin law signed in July 2025.
- •Trump said the United States is considering acquiring sizable amounts of Bitcoin and other cryptocurrencies, but provided no figure, timetable, or purchase mechanism.
- •Any expanded US crypto holdings would build on the Strategic Bitcoin Reserve established by executive order in March 2025, which was initially funded with bitcoin seized in law-enforcement actions rather than open-market purchases.
- •Trump stated the CFTC is working to bring the decentralized exchange Hyperliquid to the US market, and HYPE rose to as high as $72 during the meeting.

The meeting also brought fresh comments on a possible expansion of US crypto holdings, the role of the SEC and CFTC, and Hyperliquid’s place in the American market.
Trump ties the Clarity Act to US competitiveness
Trump described the bill as the next step for US crypto policy after saying his administration had ended the “war on crypto once and for all.”
“So, two years ago our country was dead, and now our country is the hottest country anywhere in the world. There’s nobody close, no other country is close, and every country will admit it. So now we need Congress to take the next step by passing the Clarity Act, a fair version of the Clarity Act, and this landmark structured legislation, and it is, it’s very, very powerful structured legislation—which will keep us ahead of China, keep us ahead of everyone else, will open the door to the next wave of innovations and innovators.”
The key phrase is “a fair version” of the Clarity Act. Trump backed the legislation, but his wording leaves the final congressional text unresolved. The bill’s significance is centered on market structure: it would establish clearer federal rules for crypto businesses, define regulatory responsibilities, and provide firms with a more predictable path to operate in the United States. In practice, the legislation is designed to divide oversight between the two agencies—routing digital commodities and the platforms that trade them to the CFTC, while leaving assets deemed securities with the SEC—and to create registration categories for exchanges, brokers, and dealers. It is widely viewed as the market-structure companion to the GENIUS Act, the federal stablecoin law signed in July 2025, and it cleared the House Financial Services and Agriculture Committees with bipartisan support that summer, while Senate negotiators have been drafting their own text—leaving ample room to argue over what counts as “fair.”
A presidential endorsement can add political pressure, but only Congress can pass the framework that exchanges, token issuers, brokers, and developers would ultimately need to follow.
Trump raises prospect of larger US crypto holdings
Trump also said the United States is considering buying “sizable” amounts of Bitcoin and other cryptocurrencies. He did not provide a figure, timetable, or purchase mechanism.
BREAKING: 🇺🇸 President Trump when asked if the U.S. plans to accumulate sizable amounts of Bitcoin: “Certainly it’s been talked about. It’s take a lot of pressure off the dollar. It’s been very, very good for the dollar. and I think if you came in with recommendations I would… pic.twitter.com/NnWFHi51nT — Bitcoin Magazine (@BitcoinMagazine) August 19, 2026
BREAKING: 🇺🇸 President Trump when asked if the U.S. plans to accumulate sizable amounts of Bitcoin:
“Certainly it’s been talked about. It’s take a lot of pressure off the dollar. It’s been very, very good for the dollar. and I think if you came in with recommendations I would… pic.twitter.com/NnWFHi51nT
— Bitcoin Magazine (@BitcoinMagazine) August 19, 2026
Any expansion would build on a base the administration has already created: the Strategic Bitcoin Reserve established by executive order in March 2025, initially capitalized with bitcoin seized in law-enforcement actions rather than open-market purchases, alongside a separate stockpile for other digital assets.
The wording is stronger than a general endorsement of Bitcoin, but it does not yet amount to a purchase programme. Markets would still need details on which assets could be acquired, which agency would handle the purchases, how they would be funded, and whether Congress would need to authorize new powers.
Trump again described the goal as preserving America’s position as the “undisputed leader” in Bitcoin and crypto. His comments frame digital assets as part of a broader competition over capital markets, technology, and financial infrastructure, rather than simply as an investment category.
SEC and CFTC messages reached beyond Bitcoin
SEC Chair Paul Atkins, a former commissioner who returned to lead the agency in 2025, said: “We will ensure that the greatest advances of the technological frontier are realized right here in America.” The remark reinforced the administration’s effort to present regulatory clarity as part of a domestic innovation strategy.
Trump also said the CFTC was working to bring Hyperliquid to the United States. Hyperliquid is a decentralized exchange best known for on-chain perpetual futures—a derivatives product that falls squarely in the CFTC’s remit, which is why its route into the US market runs through that agency rather than the SEC. The overture also contrasts with late 2025, when a court filing showed the CFTC had subpoenaed Hyperliquid Labs as part of an enforcement inquiry. HYPE reached as high as $72 during the meeting. The price move reflected market sensitivity to any suggestion that a major decentralized trading venue could gain a clearer path into the US market, although a comment made during a meeting does not establish a regulatory outcome.
Gemini’s co-founders struck the same competitive tone, saying America should lead in crypto and win in the market. Across the meeting, the message was consistent: the administration wants US rules that keep crypto activity, companies, and innovation inside the country.
What the market needs next
Clarity Act text: Congress still needs to agree on the version Trump described as fair.
Bitcoin purchase details: A “sizable” acquisition would need an amount, structure, and legal basis.
Regulatory follow-through: SEC and CFTC actions will show how quickly the meeting’s policy message becomes operational.
The meeting delivered a clear political signal in favor of crypto. Its longer-term significance now depends on legislation, agency action, and whether the administration turns its Bitcoin-buying remarks into a defined policy.
Our earlier meeting preview explains which regulators, exchanges, and market-infrastructure companies were expected to take part.
This article is provided for informational purposes only and does not constitute investment advice.
The post Trump Pushes Clarity Act During Crypto Meeting: His Key Remarks appeared first on Coindoo.