WASHINGTON—President Donald Trump invited finance, technology, and cryptocurrency executives to the White House for a Roosevelt Room ceremony on Aug. 19 to discuss innovations and opportunities to advance American interests.
The ceremony took place one day before the Commodity Futures Trading Commission’s Innovation Advisory Committee’s first meeting. Reducing regulatory obstacles and bureaucratic red tape are priorities for the group, according to the president.
“The radical left tried to crush these developments with crippling regulations,” Trump said.
He listed the steps his administration took to remove the restrictions and support new financial technologies, including removing the former Securities and Exchange Commission chair, Gary Gensler, and terminating federal efforts, known as “Operation Chokepoint 2.0,” to block crypto and de-bank digital assets….
Trump Hosts Tech, Crypto Leaders Ahead of Inaugural Innovation Advisory Meeting
