Bitcoin News

Story: White House Hosts Crypto Leaders Ahead of Key CFTC Meeting

By Evie Vavasseur

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Clarity Act Stalled, Vote Pushed to September. But here's the problem: the much-anticipated Clarity Act on crypto hasn't passed.

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Regulators More Cooperative, But Not Without Conditions. On the regulators' side, the atmosphere has changed.

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Crypto leaders are heading to the White House next week, just one day before the CFTC holds a meeting for its brand-new Advisory Committee on Innovation.

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The timing is no coincidence. This committee brings together experts from crypto, predictive markets, and traditional finance—basically, everything Washington has been trying to…

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Trump campaigned on this. Turning the United States into the global crypto capital was the stated goal, with major industry figures backing him.

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But here's the problem: the much-anticipated Clarity Act on crypto hasn't passed. Lawmakers supportive of the sector hoped for a vote before Congress's August recess.

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Meanwhile, in July, lawmakers began reviewing a new bill. This text had already been passed by the House of Representatives last year.

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The idea behind it is to strengthen public trust. Crypto has an image problem concerning conflicts of interest, and lawmakers are aware of it.

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On the regulators' side, the atmosphere has changed. Several high-profile lawsuits against crypto companies have been dropped.

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See also: Macro Pressures Steer Crypto Movements Amid Fed Expectations

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But "more conciliatory" doesn't mean "without oversight." Regulators are now looking to monitor the industry more constructively, according to the source.

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Too risky to leave this without safeguards. Too slow to block every innovation with lawsuits. Hence, this hybrid approach seems to be taking shape.

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The White House meeting could also address broader economic implications—how crypto fits into the current financial system, what risks it poses, what opportunities it creates.

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And the Strategic Bitcoin Reserve, ordered in March 2025, remains in the background of all this.

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Related: Goldman Sachs Pays Up to $2.25 Billion for Neos Investments and Its Three Crypto ETFs

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