White House Plans Crypto, Prediction Market Summit Next Week

The White House will gather cryptocurrency and prediction market executives next Wednesday, according to three people familiar with the plans. The guest list remains unsettled, and traditional finance executives could also join.

The timing matters. Regulators convene many of the same executives 24 hours later. That hands Washington two straight days of contact with the industries pushing for new federal rules.

What the White House Crypto Summit Signals

President Donald Trump has aligned his administration with digital assets since returning to office last year. His regulators have opened doors to prediction market operators as well.

Neither the attendee list nor Trump's own participation has been confirmed, Politico reported. The White House has not commented publicly on the plans.

Prediction markets let users trade contracts on the outcome of real events. They have moved from the margins of financial regulation toward its center.

Scrutiny has followed. New York City lawmakers opened an investigation into prediction markets this week over how the platforms advertise to residents.

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