Trump’s Crypto Push Gains White House Support From Major Tech and Finance Executives

President Donald Trump’s push for lighter cryptocurrency regulation and clearer digital-asset rules has drawn backing from executives leading major U.S. technology, financial, and crypto companies. Their support signals growing industry confidence that the regulatory environment is shifting toward frameworks designed to keep crypto innovation and investment within American markets.

Leaders from Coinbase, Robinhood, Kraken, Chainlink Labs, Gemini, and the Intercontinental Exchange gathered at the White House ahead of the Commodity Futures Trading Commission’s Innovation Advisory Committee meeting to voice their alignment with the administration’s approach. Their public statements reveal both what the industry considers accomplished and what remains on the legislative agenda.

Coinbase co-founder Brian Armstrong credited Trump with recognizing during the 2024 campaign that millions of cryptocurrency supporters had felt excluded by the previous administration. “He made a commitment at that time to make America the crypto capital of the world and within weeks of taking office, delivered on that promise,” Armstrong said. He cited the creation of a Strategic Bitcoin Reserve, enactment of the GENIUS Act, and the appointment of pro-innovation regulators as concrete steps already taken.

Legislative Push and Bank Opposition

Armstrong identified the next major legislative goal as passage of the CLARITY Act, with a congressional vote expected on September 15. He argued the measure would make progress durable across administrations. “This would make all of the progress that this administration has made durable into the future, so it could survive for decades and decades to come,” he said.

Armstrong acknowledged that some large banks could oppose the legislation because crypto companies now compete directly with traditional financial institutions. Despite this likely resistance, he described the CLARITY Act as a bipartisan compromise. “There are hundreds of pages of changes that have come in from the Democrat side as well,” he said. “It’s a true bipartisan compromise.”

Executives Link Trade and Energy Policy to Market Growth

Jeffrey Sprecher, founder of the Intercontinental Exchange and owner of the New York Stock Exchange, connected Trump’s broader economic policies to record market activity. He cited trade policies designed to bring back jobs and businesses from overseas, energy dominance initiatives, and tax incentives for investment as drivers of stock market records. His comments tied cryptocurrency regulation to the wider economic framework rather than isolating it as a narrow regulatory question.

Robinhood CEO Vlad Tenev shifted focus to investor access and tokenization. He argued that too much economic value is created before ordinary investors have a chance to participate. “American companies are building this technology, American markets are powering it, American assets are also at the centre of it; American investors should not be the last to benefit,” Tenev said. His statement flagged tokenization of privately held company shares as an area where regulatory clarity could unlock new investment opportunities.

Speed of Regulatory Response

Kraken co-CEO Arjun Sethi offered a brief but revealing comment on the pace of the administration’s engagement. He recalled telling Trump that his company was moving at “warp speed.” Trump responded by asking, “Why not at trump speed.” Sethi said his team responded by accelerating operations further. The anecdote illustrates the industry’s perception that regulatory barriers are being removed faster than expected.

Cameron Winklevoss, co-founder of Gemini, called for the United States to lead both cryptocurrency and prediction markets. His statement extended the regulatory debate beyond traditional crypto assets into emerging financial prediction infrastructure.

The White House gathering reflects a moment where the crypto industry perceives alignment with executive branch priorities and sees a specific legislative target in the CLARITY Act. Whether the measure passes on the stated September 15 timeline and how banks respond to its provisions remain open questions. The executives’ willingness to appear jointly at the White House and cite specific legislative deadlines suggests confidence in both current momentum and the stakes of keeping that momentum intact through the congressional process.