Trump Hosts Crypto Executives Amid SEC's Long-Awaited Regulatory Framework

President Donald Trump is set to host cryptocurrency executives at the White House on Wednesday as US financial regulators prepare to advance their framework for certain digital assets.

The event comes as the Securities and Exchange Commission (SEC) has proposed long-awaited rules that would exempt certain token offerings from securities regulations, making it easier for crypto companies to issue tokens and raise money.

Representatives from companies such as Coinbase, Ripple, Andreessen Horowitz, and Nasdaq are expected to attend the White House event, along with trade association officials and industry leaders.

The SEC's proposed rules have been seen as a major development in the crypto sector, which has been awaiting clarity on regulations for some time. The Commodity Futures Trading Commission (CFTC) is also set to discuss crypto regulation at an industry gathering on Thursday.