Trump to host crypto executives as US regulators draft digital asset rules
Washington: President Donald Trump will host cryptocurrency executives at the White House on Wednesday, the same week as US financial regulators move to advance a framework for certain digital assets, according to his official schedule.
Trump is expected to make remarks with technology leaders at the White House in the afternoon. Representatives for the White House did not immediately respond to requests for comment. Crypto executives and representatives from industry trade groups are expected to attend, according to two people familiar with the matter. US Commodity Futures Trading Commission (CFTC) Chair Mike Selig, US Securities and Exchange Commission (SEC) Chair Paul Atkins, and crypto advisor Patrick Witt are also likely to be present, judging by media reports.
The Republican president has pursued crypto-friendly policies since returning to office in January 2025, particularly through the SEC and the CFTC. His family’s crypto ventures, including World Liberty Financial and the Trump meme coin, have reportedly earned him more than $1.4 billion. 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.
On Tuesday, the SEC 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.
However, a Reuters/Ipsos poll conducted 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. Trump says 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.
The meeting comes amid a broader debate over how to regulate digital assets in the United States. While some lawmakers and industry advocates argue that clearer rules would encourage innovation and investment, others have raised concerns about investor protection and the potential for conflicts of interest. The SEC’s proposal, if adopted, would mark a significant shift in how tokens are treated under federal securities law, though it would still require a public comment period and final approval.
Observers note that the event underscores the administration’s effort to position itself as supportive of the crypto industry, even as legal and ethical questions remain. The stalled legislation in Congress means that executive actions by regulators are likely to shape the near-term landscape for digital assets. But with the year-end fast approaching, the path for a comprehensive law remains uncertain.
