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.
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16 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 …
Bitcoin (BTC) Climbs Back to $64K Level Before Major White House Crypto Summit
TLDR BTC gained 2.3% on Monday, reaching $64,282 following a near-3% decline the previous week A White House cryptocurrency innovation committee meeting is scheduled for Wednesday with President Trump expected to participate Bitcoin ETFs experienced approximately $390 million in outflows during the past week, marking the steepest decline since early July Implied volatility for Bitcoin descended to the 2nd percentile within its historical distri…
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