Hyperliquid's CEO pushes for U.S. crypto market access amid regulatory talks
Jeff Yan, founder of the decentralised trading platform Hyperliquid, recently visited Washington to discuss U.S. market access with policymakers. The meetings coincided with the advancement of the Clarity Act in Congress, a bill that could shape how onchain markets operate under U.S. law. Yan described the talks as productive, highlighting a growing understanding of crypto among legislators. During the visit, Yan and the Hyperliquid Policy Council met with lawmakers from both parties. Discussions focused on technical aspects of decentralised finance (DeFi) and the rising global demand for onchain derivatives trading. Policymakers showed a firm grasp of how platforms like Hyperliquid function, signalling improved crypto literacy in government circles.
Bipartisan support for clear and balanced crypto regulation was evident throughout the meetings. Yan later shared updates on X, confirming that the team remains dedicated to securing compliant U.S. access. He also pledged to keep engaging with Washington officials to push for a regulatory pathway.
The road to U.S. expansion has not been smooth. Traditional financial institutions, including Intercontinental Exchange (ICE) and CME Group, previously lobbied regulators to block Hyperliquid’s entry. Their resistance added hurdles to the platform’s efforts to establish a foothold in the American market. The Clarity Act’s progress in Congress could provide a framework for platforms like Hyperliquid to operate legally in the U.S. Yan’s visit underscored the platform’s commitment to working within regulatory boundaries. For now, the focus remains on ongoing discussions and potential policy shifts that may open doors for onchain trading in America.
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