President Donald Trump hosted crypto executives at the White House and urged Congress to pass a fair version of the Digital Asset Market Clarity Act when lawmakers return next month, with ethics provisions tied to Sens. Thom Tillis and Ruben Gallego still the main bipartisan obstacle. Ahead of public remarks, Coinbase CEO Brian Armstrong, a16z Managing Partner Chris Dixon, Ripple CEO Brad Garlinghouse and Kraken co-CEO Arjun Sethi met privately with Commerce Secretary Howard Lutnick on jobs, onshoring, ethics hurdles and a path to agreement; executives left with renewed optimism. At the CFTC’s inaugural Innovation Advisory Committee meeting, which gathered leaders from traditional finance, crypto, prediction markets and AI, Chairman Mike Selig said that if Clarity stalls over Democratic obstruction the agency will use existing authorities to establish a crypto asset market regime and has directed staff to explore such rules, casting passage as the surest way to prevent another Gary Gensler-style campaign of lawfare after 125 crypto-related SEC enforcement actions. The SEC separately proposed Regulation Crypto Assets to ease certain startup fundraising with offering limits, a conditional safe harbor and state-registration preemption, approved by seriatim vote after an open meeting was canceled amid White House and Wall Street pressure and a reported White House mix-up over the agenda. The Senate still needs 60 votes in a final multi-week window, while the CFTC continues prediction-market oversight and further consumer-protection work.