HomeNEWSWhite House to Host Crypto Industry Execs Next Week: Report

White House to Host Crypto Industry Execs Next Week: Report

The news comes after the crypto Clarity Act was delayed last week.

Crypto and prediction market bigwigs are set to gather at the White House next week, according to a Thursday report from POLITICO. 

The report, citing people with knowledge of the matter, said the industry officials would meet one day before the Commodity Futures Trading Commission holds a meeting for its new Innovation Advisory Committee. The committee will feature a panel of experts also from the crypto, prediction market and traditional finance spheres. 

Despite the long-awaited crypto Clarity Act being delayed, regulators are moving ahead with pro-crypto initiatives. 

POLITICO’s report did not mention if President Trump would attend the event. 

Last week, pro-crypto lawmakers were hoping the Clarity Act passed before Congress departed for August recess. After a delay, a vote will now go ahead in September.

Lawmakers started mulling over a new draft of the bill, which was passed by the House of Representatives last year, in July. The text tackled the issue of ethics, banning government officials from promoting or making money from crypto.  

President Trump campaigned on a ticket to help the America become the crypto capital of the world, and received backing from major players in the space. 

Since taking office, the president has signed a number of pro-crypto measures, including a March 2025 executive order directing the creation of a Strategic Bitcoin Reserve.

Regulators have also scrapped a number of high-profile lawsuits against crypto companies, and made a push to watchdog the industry in a more helpful way.

Mathew Di Salvo
Mathew Di Salvo
Mathew is a reporter who's covered the space since 2019, reporting on everything from Salvadoran president Nayib Bukele's Bitcoin bet to crypto exchange FTX's bankruptcy.
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