White House Crypto Meeting Precedes CFTC Innovation Panel

Crypto industry leaders are headed to the White House next week, one day before the Commodity Futures Trading Commission convenes its new Advisory Committee on Innovation.

The timing looks deliberate. The committee brings together experts from crypto, predictive markets, and traditional finance – the same mix Washington has been trying to understand for years. The White House meeting falls just before that session. Whether President Trump will attend is not specified in the source. What is known: Trump has supported pro-crypto measures since taking office. In March 2025, he signed an executive order creating a Strategic Bitcoin Reserve.

Trump campaigned on making the United States the global crypto capital. Major industry figures backed him. But the much-discussed Clarity Act on crypto has not passed. Lawmakers who support the sector hoped for a vote before Congress's August recess. That vote did not happen. It is now scheduled for September, leaving the industry in regulatory limbo.

In July, lawmakers began reviewing a separate bill that the House passed last year. It addresses ethical issues: banning officials from promoting crypto or profiting from it personally. The measure, if passed, could change how elected officials talk about the sector. The goal is to strengthen public trust. Crypto has an image problem with conflicts of interest, and lawmakers are aware of it, the source said.

The regulatory atmosphere has shifted. Several high-profile lawsuits against crypto companies have been dropped. Closed cases, not press releases, signal the direction, according to the source.