XRP Rises 10% as Garlinghouse Joins Trump at White House Crypto Summit

U.S. President Donald Trump is expected to meet with executives from the crypto and prediction market sectors at the White House to discuss regulation. Attendees include representatives from Coinbase, Kraken parent Payward, and Blockchain.com. The meeting comes as the Clarity Act market structure bill is delayed to September and the SEC has proposed its own framework for crypto asset offerings. The article also mentions criticism over alleged conflicts of interest tied to the Trump family’s crypto ventures, which the White House denies.
AI Analysis
The story reports a White House meeting with major crypto firms and ongoing regulatory discussions, which could affect market sentiment. However, it is mostly about policy talks and delayed legislation rather than an immediate concrete market event.