WASHINGTON, Aug 19 - President Donald Trump is scheduled to welcome leaders from the cryptocurrency industry to the White House on Wednesday, a meeting that aligns with regulatory activity this week aimed at framing how some digital assets will be treated under U.S. law. According to the president's official schedule, Mr. Trump will deliver remarks alongside technology and crypto executives in the afternoon.
Media reports have indicated that crypto company representatives will attend the event, while officials tied to prediction markets were initially expected to join but later were not included, according to an unnamed White House official cited by Semafor. Other outlets also reported planned attendance by executives from the sector. Requests for comment to White House representatives did not receive an immediate response.
The gathering occurs as U.S. regulators this week move forward on rulemaking for certain digital assets. On Tuesday, the Securities and Exchange Commission proposed rules that would create an exemption from securities regulations for some token offerings, a step that would ease the path for crypto firms to issue tokens and raise capital. The Commodity Futures Trading Commission has scheduled discussions on crypto regulation and related topics at an industry event on Thursday.
Semafor reported that attendees at the White House meeting are expected to include CFTC Chair Mike Selig, SEC Chair Paul Atkins and crypto adviser Patrick Witt, along with trade association officials and representatives from firms such as Coinbase, Ripple, Andreessen Horowitz and Nasdaq, citing people familiar with the event.
Since returning to office in January 2025, the Republican president has pursued policies perceived as more welcoming to the cryptocurrency sector, particularly through actions at the SEC and the CFTC. Broader, sweeping crypto legislation in Congress, however, has stalled.
The president's financial ties to the sector have drawn scrutiny. Reporting has noted that Mr. Trump has earned more than $1.4 billion from his family's crypto ventures. Polling this week by Reuters/Ipsos found a majority of Americans believe Mr. Trump and his family have inappropriately profited from the crypto sector since his return to power and that his policy choices are influenced by his private business interests, which include World Liberty Financial and the Trump meme coin.
Mr. Trump has said he has had no day-to-day role in his family's business and that his investments are managed independently. The White House has dismissed allegations of impropriety.