US Crypto Meeting at White House
US President Donald Trump brought together cryptocurrency executives, financial market leaders, and federal regulators at the White House on Aug. 19 to discuss digital asset legislation. The meeting included leaders from Coinbase, Ripple, Robinhood, Kraken, Nasdaq, Intercontinental Exchange, and Chainlink.
The president described the participants as leading figures in finance, cryptocurrency, and technology, helping develop commercial markets in the United States. Trump accused the Biden administration of targeting cryptocurrency companies through regulations, restrictions, and enforcement actions that pushed innovation overseas.
Key Takeaways
- The president cited an executive order prohibiting federal agencies from establishing or promoting a central bank digital currency in the United States.
- Trump stated that he would consider recommendations from Securities and Exchange Commission (SEC) Chairman Paul Atkins and other officials regarding acquiring "sizable amounts" of bitcoin or other cryptocurrencies.
- Commodity Futures Trading Commission (CFTC) Chairman Mike Selig emphasized the need for regulatory clarity to attract investment, create jobs, and retain technological development in the United States.
Crypto Industry Response
Crypto exchange Coinbase (Nasdaq: COIN) CEO Brian Armstrong praised the administration's regulatory appointments and urged senators to advance the Digital Asset Market Clarity Act of 2025. Robinhood Markets Inc. (Nasdaq: HOOD) CEO Vlad Tenev promoted tokenization alongside investor protection.
The planned White House crypto gathering included leaders from leading cryptocurrency platforms and traditional financial institutions. The meeting video shows Trump receiving policy recommendations from industry leaders and federal regulators.
Next Steps
The House passed H.R. 3633 by a 294-134 vote on July 17, 2025, but the Senate has not completed floor consideration. The Digital Asset Market Clarity Act of 2025 is the next major test for the legislation, scheduled for a September 15th vote.
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- regulation-and-legal
- brian-armstrong
- donald-trump
- white-house
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- bitcoin
- crypto-ceos
- white-house-meeting
- us-technological-competitiveness
