CZ hails Trump’s Hyperliquid US push as hugely positive for crypto
Binance founder Changpeng Zhao has defended President Trump’s push to bring HyperliquidX into the United States legally. On X, he argued that the White House’s stance on pushing for HyperliquidX would not only benefit the platform but could also have positive implications for the broader crypto industry.
Popular content creator Jake Gagain cited his remarks on X: “This is not just about Hyperliquid. There will be so many Perp DEXs and decentralized services available to U.S. users. This is hugely positive for everyone in the industry.”
These comments follow President Donald Trump’s announcement that federal regulators are mapping out a way to bring Hyperliquid onshore, in full alignment with US laws. Speaking to a delegation of tech and crypto leaders at the White House on August 19, Trump explicitly recognized Commodity Futures Trading Commission (CFTC) Chairman Michael Selig for spearheading the initiative.
He noted, “I understand Mike [Selig] is also working to bring Hyperliquid into the United States in a fully compliant and legal fashion.”
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