Trump Touts Tech Dominance Amid Calls for Crypto Inclusion
President Donald Trump addressed technology and cryptocurrency executives at the White House on Wednesday. The event focused on strengthening America's technological dominance, with a specific goal of driving innovation in the US.
The White House chose not to invite prediction market firms to this meeting, a decision that may be seen as an oversight by some experts. The CFTC is set to hold a meeting on Thursday to chart a course for the future of finance, specifically targeting the 'new frontier' of financial innovation.
This event is seen as a kickoff for the Commodity Futures Trading Commission's inaugural innovation committee. As part of this effort, the CFTC aims to bring together innovators and entrepreneurs from various backgrounds to discuss and shape the direction of financial innovation in the US.