Trump to host crypto executives as SEC considers regulations

Read a summary of this article on FAST.
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST Tap here to return to FAST
FAST

WASHINGTON, Aug 19 : President Donald Trump will host cryptocurrency executives at the White House on Wednesday as U.S. financial regulators this week prepare to advance their framework for certain digital assets. 

Trump, who has earned more than $1.4 billion from his family's crypto ventures, is scheduled to make remarks with technology leaders at the White House in the afternoon, according to his official schedule. Representatives for the White House did not immediately return a request for comment.

Crypto executives and representatives from industry trade groups are expected to attend the event, according to two people familiar with the matter. U.S. Commodity Futures Trading Commission Chair Mike Selig, U.S. Securities and Exchange Commission Chair Paul Atkins and crypto advisor Patrick Witt are also expected to attend, according to media reports.

The Republican president has pursued crypto-friendly policies since returning to office in January 2025, particularly through the SEC and the CFTC. Sweeping crypto legislation — the industry's top priority — has stalled in Congress, with little time remaining for lawmakers to approve the bill before the end of the year.

CNA Games

Guess Word
Crack the word, one row at a time

Buzzword
Create words using the given letters

Mini Sudoku
Tiny puzzle, mighty brain teaser

Mini Crossword
Small grid, big challenge

Word Search
Spot as many words as you can
Show More
Show Less

The SEC on Tuesday proposed long-awaited rules that would exempt certain token offerings from securities regulations, making it easier for crypto companies to issue tokens and raise money. The CFTC is scheduled to discuss crypto regulation, among other issues, at an industry gathering on Thursday.

Reuters/Ipsos polling this week found that a majority of Americans believe Trump and his family have inappropriately profited from the crypto sector since his return to power and that his policy decisions are influenced by his private business dealings, which include World Liberty Financial and the Trump meme coin.

Trump says that he has had no day-to-day role in his family's business and that his investments are independently managed. The White House dismisses any allegations of impropriety.

Newsletter

Week in Review

Subscribe to our Chief Editor’s Week in Review

Our chief editor shares analysis and picks of the week's biggest news every Saturday.

Sign up for our newsletters

Get our pick of top stories and thought-provoking articles in your inbox

Subscribe here

Get the CNA app

Stay updated with notifications for breaking news and our best stories

Download here

Get WhatsApp alerts

Join our channel for the top reads for the day on your preferred chat app

Join here