President Donald Trump to convene crypto executives at White House Wednesday

President Donald Trump is scheduled to meet cryptocurrency executives at the White House on Wednesday at 2:30 p.m. ET, in one of the administration's highest-profile engagements with the digital asset industry since his return to office in January 2025. The gathering at the Eisenhower Executive Office Building coincides with the SEC (U.S. securities regulator) proposing rules to exempt certain token offerings from securities regulations, potentially making it easier for crypto companies to issue tokens and raise capital. Expected participants include SEC Chair Paul Atkins, CFTC Chair Mike Selig, White House crypto adviser Patrick Witt, trade association officials, and representatives from Coinbase, Ripple, Andreessen Horowitz, and Nasdaq. Ripple CEO Brad Garlinghouse is expected to represent Ripple and its XRP token, while Kalshi executives were initially expected but ultimately excluded, Semafor reported. The meeting is linked to the inaugural session of the CFTC's Innovation Advisory Committee and comes before a CFTC industry gathering on Thursday. The administration is seeking greater coordination between the SEC and CFTC as the CLARITY Act, which would define their respective authority over digital assets, remains stalled in Congress. A Senate vote is expected on September 15 after Congress returns from recess in September. The summit also faces scrutiny over Trump's personal financial ties to crypto, including more than $1.4 billion earned from his family's ventures, while the White House has rejected allegations of impropriety. Its outcome could influence digital asset policy through the end of 2026 and beyond.

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