President Donald Trump is set to meet crypto executives, Wall Street firms and top U.S. regulators at the White House on Wednesday as the administration pushes ahead with digital-asset policy while Congress remains stuck on broader legislation.
Expected participants include SEC Chair Paul Atkins, CFTC Chair Michael Selig and White House crypto adviser Patrick Witt, alongside representatives from Coinbase, Ripple, Andreessen Horowitz and Nasdaq. Traditional finance and prediction-market companies are also expected to take part.
Bitcoin traded near $64,600, up roughly 0.6% on the day ahead of the meeting. Crypto-related stocks were weaker, however, with Coinbase down about 2.8% and Robinhood falling nearly 4.9% in early trading.
CLARITY Act Delay Puts SEC and CFTC Crypto Rules in Focus
The gathering comes at a difficult point for the CLARITY Act, legislation designed to establish a clearer division of responsibility between the SEC and CFTC for digital assets.
The House-backed framework has stalled in the Senate, which left Washington for its August recess without completing a vote. Senate leaders have indicated they plan to return to the legislation in September, but its chances of becoming law this year have fallen sharply.
Prediction-market odds for passage in 2026 have dropped to around 20%, down from roughly 80% earlier in the year.
The delay has increased the importance of agency-level action. The SEC is considering exemptions and safe-harbor mechanisms for certain token offerings, while the CFTC has been moving ahead with its own crypto-market initiatives. Those measures could provide faster relief for the industry, although regulations issued by agencies are generally easier for a future administration to reverse than legislation passed by Congress.
Coinbase, Ripple and Nasdaq Bring Tokenization to White House Talks
Tokenization, prediction markets and the relationship between crypto firms and traditional financial infrastructure are expected to feature prominently.
The presence of companies such as Coinbase, Ripple and Nasdaq highlights how digital assets are increasingly overlapping with established capital markets. Prediction-market businesses are also part of the discussion as regulators examine how such platforms fit within federal derivatives and securities rules.
The White House meeting comes one day before the CFTC holds the inaugural session of its Innovation Advisory Committee on Aug. 20. The 35-member panel includes executives and representatives from crypto, financial-market and technology companies.
Its first session is titled “Crypto’s Regulatory Evolution: From Uncertainty to Clarity,” followed by discussions covering artificial intelligence and prediction markets. The meeting is scheduled for 1 p.m. to 4 p.m. ET.
Markets will now be watching for concrete policy signals from Trump, Atkins and Selig. Without new legislation, any immediate progress is more likely to come through SEC and CFTC rulemaking than through Congress.
