President Trump is expected to meet this week with a roster of crypto and prediction-market executives, including leaders from Coinbase, Ripple, Gemini, Robinhood, Polymarket and Kalshi, alongside representatives from CME Group, Nasdaq, Intercontinental Exchange and the DTCC. CFTC Chairman Mike Selig is confirmed to attend, and Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick may also join, according to Decrypt's reporting on the White House's schedule.
The gathering comes a day before the CFTC's own milestone event: the agency's inaugural Innovation Advisory Committee meeting, which Chairman Selig has scheduled for August 20 in Washington. The committee will convene builders, entrepreneurs and policy thinkers for a panel titled "Crypto's Regulatory Evolution: From Uncertainty to Clarity," according to the CFTC's own announcement of the meeting.
Clarity Act Progress Remains Stalled
The White House meetings arrive as the industry's top legislative priority, the Digital Asset Market Clarity Act, remains stuck without a Senate floor vote. Senate Majority Leader John Thune had signaled a vote could come before the August recess, and the chamber did clear a cloture motion on the motion to proceed on August 8 — but that procedural step fell short of final passage. Thune has since confirmed there will be no vote this month, with the Senate returning on September 14 for a three-week window to act on the bill and other outstanding priorities.
Related: White House, SEC and CFTC Set Back-to-Back Crypto Meetings This Week
Part of the holdup, according to Decrypt, is whether Trump will accept tighter ethics restrictions on his own crypto-related business dealings — a condition some senators have tied to their support for the bill. Separately, the SEC has delayed its planned "innovation exemption" for tokenized stocks, another item the industry had hoped would move in tandem with market-structure legislation.
Meetings Signal Support, but Wins Are Slow
Taken together, the week's events show an administration and regulators continuing to signal support for the industry through direct access and new advisory structures, even as the concrete legislative and rulemaking wins the industry is waiting on keep slipping past their expected timelines. For executives attending Wednesday's meeting, the message from Washington is one of engagement without resolution — access to the table, but not yet the market-structure certainty the Clarity Act was meant to deliver.