The August 21 summit brought SEC Chair Paul Atkins together with industry leaders and signaled support for clearer rules and onshoring offshore exchanges, but no statement from it carried regulatory force. Bringing Hyperliquid onshore would require CFTC registration as a Designated Contract Market, a process with no published timeline. The Clarity Act still faces its September 15 cloture vote roughly six Democratic votes short, and a widely shared claim that Trump announced a sizable Bitcoin purchase was not confirmed by any outlet with reporters present.