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Trump will meet crypto executives and regulators at the White House after the SEC proposed exemptions for some token offerings, with the CFTC set to discuss crypto regulation on Thursday.
By Hannah Lang Aug 19 (Reuters) - U.S. President Donald Trump on Wednesday called on Congress to pass a bill that would bring clearer definitions to the growing cryptocurrency sector, a top priority for industry executives who had gathered for an event at the White House with the president.
President Trump called on Congress to pass a major cryptocurrency bill that would tilt regulation in the industry’s favor.
The HYPE token climbed to a fresh all-time high as a broader crypto rally and recent White House remarks helped drive investor optimism.
The gathering comes as the CLARITY Act, the crypto industry's top Washington priority, remains pending in the Senate ahead of a vote next month.
Attendees will include executives from Coinbase, a16z, Ripple, and Chainlink, plus Kalshi and Paradigm, as well as trade association Digital Chamber, according to people familiar with the plans.
Despite stagnant crypto prices, President Trump is set to attend a pivotal White House meeting this week with major crypto executives and top regulators, including CFTC and SEC ch
The CEOs from companies across several tech-forward sectors met with the president in advance of this week's first Innovation Advisory Committee at the CFTC.
A Reuters/Ipsos survey found 63% of Americans view the Trump family's crypto profits as inappropriate, with even half of the president's fellow Republicans saying his business interests sway his