Crypto Scenario Insights
What happened
During a meeting at the White House with executives from major crypto and financial firms, former President Donald Trump publicly stated that Michael Selig, the Chairman of the Commodity Futures Trading Commission (CFTC)…
If it goes well
If this initiative develops favorably, the CFTC could establish a clear and workable regulatory framework that allows platforms like Hyperliquid to operate legally within the US.
If it goes badly
Conversely, if this effort encounters significant hurdles, the outcome could be less favorable. The complexities of integrating Hyperliquid's decentralized, wallet-connected model into existing US derivatives regulations…
What we think
Our reading is that Trump's statement, while a significant signal of intent, marks the beginning of a potentially long and complex regulatory process rather than an immediate change.
Read the analysis
What Does Trump's Hyperliquid Comment Mean for US Crypto Derivatives?
We explain what happened and what could follow. We do not forecast prices.