Trump Expected to Join Crypto CEOs at the White House a Day Before the CFTC's First Innovation Panel
Trump will meet executives from crypto and prediction market firms as regulators prepare to discuss digital asset rules and market oversight.
- President Donald Trump will host a White House meeting on Wednesday with executives from the crypto, prediction market, and artificial intelligence industries. Commodity Futures Trading Commission Chair Michael Selig and Securities and Exchange Commission Chair Paul Atkins are also expected to attend.
- The event precedes the first meeting of the Commodity Futures Trading Commission's new Innovation Advisory Committee on Thursday. This committee includes top executives from Coinbase, Robinhood, Kalshi, and Polymarket, who will join the CFTC for discussions.
- Industry efforts to purchase influence in Washington have intensified as the crypto and prediction market sectors spend unprecedented sums for a more permissive regulatory environment. The Revolving Door Project claims these groups are buying political access.
- Senior researcher Henry Burke and assistant director Timi Iwayemi of The Revolving Door Project warned the industry seeks a system where "scams and money laundering flourish." They argue Trump and industry interests should not dictate federal policy.
- Recent election results show limits to industry influence, according to RDP. Congress faces pressure to maintain market legitimacy while navigating the push for deregulation from these entities, despite the well-heeled political operations of the crypto sector.
19 Articles
19 Articles
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Revolving Door Project Condemns Trump’s Corrupt Crypto and Prediction Market Roundtable
Ahead of the White House’s planned cryptocurrency and prediction markets roundtable on Wednesday, The Revolving Door Project released the following statement: “Donald Trump is not content with the billions of dollars in corrupt crypto wealth he has amassed since winning the 2024 election. On Wednesday, he’ll turn the White House into a hub for his crypto and prediction markets cronies to lean on independent agencies and a gridlocked Congress for…
Trump Expected to Join Crypto CEOs at the White House a Day Before the CFTC's First Innovation Panel
President Donald Trump is expected to attend a White House meeting on Wednesday with chief executives from the crypto, prediction market, and artificial intelligence industries, according to multiple media reports. Commodity Futures Trading Commission Chair Michael Selig and Securities and Exchange Commission Chair Paul Atkins are also expected to be there. The session, first reported by Politico, is scheduled for 2:30 p.m. ET at the Eisenhower …
Trump admin to advance crypto regulation despite stalled CLARITY Act
Two of the United States’ financial regulators, headed by Trump-appointed chiefs, are planning to write cryptocurrency rules on their own while the CLARITY Act remains stuck in the Senate. Lawmakers have only about 14 working days after they return from recess to pass the CLARITY Act before the October election break. What are the proposed placeholders for the CLARITY Act? The CLARITY Act, the crypto industry’s top legislative priority, has …
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