Trump hosts Coinbase, Kraken, and Blockchain.com execs Wednesday as the long-awaited Clarity Act stalls until September. The SEC proposed its own crypto framework Tuesday.
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President Donald Trump will host executives from Coinbase, Kraken parent Payward, and Blockchain.com at the White House on Wednesday, according to reports first published by POLITICO.
The meeting covers digital asset regulation, though it is not clear which prediction-market firms will attend. It comes as the Clarity Act, a long-awaited market structure bill, failed to get a vote before Congress left for August recess. Lawmakers now plan to vote in September.
The Securities and Exchange Commission moved ahead with its own crypto offering framework on Tuesday, filing a proposal while the legislative path stalls.
Lawmakers began reviewing a new draft of the Clarity Act in July. The House passed an earlier version last year. The current text addresses ethics, banning government officials from promoting crypto or profiting from it.
The meeting also follows criticism from some Democrats, who called the president's crypto ventures a conflict of interest. Trump has reported over $1.4 billion in income from his family's cryptocurrency projects. The White House has denied any wrongdoing.
Trump campaigned on making the U.S. the world's crypto capital and received backing from major digital-asset firms. Since taking office, the administration has passed several pro-crypto measures, dropped high-profile lawsuits against crypto companies, and adopted a softer approach at the SEC.
The Clarity Act vote is now scheduled for September.
For broader context on digital-asset regulation, see our latest crypto market analysis.
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