Chainlink Co-founder Sergey Nazarov Affirms Shift in US Crypto Regulation
Chainlink co-founder Sergey Nazarov stated that the crypto regulatory approach advanced by CFTC Chairman Michael Selig and SEC Chairman Paul Atkins, supported by Trump, "is working"; this statement came from a White House digital assets industry conference.
The White House meeting gathered leaders from crypto and traditional financial institutions including Coinbase, Ripple, Robinhood, Kraken, Chainlink, Gemini, a16z, Nasdaq, and Intercontinental Exchange, with participation from the SEC, CFTC, and White House digital asset advisors, focusing on legislative market structure for digital assets and US industry competitiveness.
Trump urged Congress to pass a "fair version" of the CLARITY Act during the meeting and stated that regulators are studying how to allow Hyperliquid to serve the US market within a fully compliant framework. These actions indicate that the executive branch is simultaneously pushing for congressional legislation, regulatory rule-making, and discussions on specific product access.
Recently, the SEC proposed the "Regulation Crypto Assets" rule, setting a $5 million four-year startup exemption for token fundraising, a $75 million annual financing exemption, and a safe harbor for investment contracts; the CFTC will hold its first Innovation Advisory Committee meeting on August 20 to discuss crypto assets, AI, and prediction markets. Both initiatives have not yet resulted in final effective rules.
Chainlink, represented by Nazarov, primarily provides cross-chain data oracles, price feeds, cross-chain communication, and tokenized asset infrastructure. If regulatory boundaries are clarified, banks, funds, and trading venues can more easily connect on-chain assets with off-chain market data, compliance verification, and settlement processes, potentially expanding the commercial demand for oracle networks and institutional-grade on-chain infrastructure.
In market mechanisms, the buyers of policy certainty are financial institutions and asset issuers that require legal boundaries, market data, custody, compliance, and auditable settlements; the sellers are companies providing blockchain connectivity, oracles, identity verification, and trading infrastructure. The event is driven by White House policy coordination, with short-term beneficiary assets typically being mainstream crypto assets, US compliant trading platforms, and infrastructure tokens; long-term capital flows will still depend on the CLARITY Act, SEC final rules, and CFTC specific access requirements, rather than positive evaluations from industry executives.
Source: Public Information