White House prepares to host crypto and prediction market execs
Attendees will include executives from Coinbase, a16z, Ripple, and Chainlink, plus Kalshi and Paradigm, as well as trade association Digital Chamber, according to people familiar with the plans.
A White House gathering focused on cryptocurrency and prediction market executives is scheduled for Wednesday, according to sources close to the plans. The event, aimed at kick-starting the inaugural CFTC Innovation Advisory Committee meeting, will reportedly include remarks from President Donald Trump alongside CFTC Chair Mike Selig, sources familiar with the arrangements told Semafor.
The attendees are anticipated to comprise representatives from leading cryptocurrency firms such as Coinbase, a16z, Ripple, and Chainlink, as well as Kalshi and investment firm Paradigm, which is backed by Kalshi. The Digital Chamber, a trade association, is also expected to be present. Patrick Witt, executive director of the president’s council of advisers for digital assets, will also be in attendance.
This closed-door meeting is seen as the opening event for the CFTC's Innovation Advisory Committee, which is set to convene for the first time on Thursday. Currently, the committee consists of 35 members and includes members from various entities like CME Group and Intercontinental Exchange. However, the White House and CFTC have declined to comment on the proposed gathering, which was first reported by Politico.
Written by urgent.news from Semafor's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
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