Trump Hosts Crypto Summit, Calls for Clarity Act

President Donald Trump convened top cryptocurrency executives and financial regulators at the White House on August 19, 2026, using the high-profile gathering to pressure Congress to pass the Digital Asset Market Clarity Act and solidify the United States' position as a global leader in digital finance. The meeting in the Roosevelt Room served as both a policy showcase and a formal kickoff for a new industry advisory committee to the Commodity Futures Trading Commission.

The event brought together the chief executives of major crypto firms, including Coinbase, Ripple, Robinhood, and the New York Stock Exchange, alongside CFTC Chair Mike Selig and Securities and Exchange Commission Chair Paul Atkins. President Trump framed the gathering as a continuation of his administration's efforts to dismantle what he described as restrictive prior regulations, stating, "We ended the war on crypto." He urged lawmakers to advance the Clarity Act, which would establish a federal market structure for digital assets, arguing it is necessary to maintain American technological and financial competitiveness against rivals like China.

The Clarity Act has been a top priority for the industry but has...