Trump's Crypto Remarks Win Praise; Robinhood CEO Highlights "Broad Ownership," Binance Founder Says "We're Back"

President Trump reiterated his commitment to US leadership in cryptocurrency and emerging technologies, drawing widespread reactions from industry executives and senior government officials.

Crypto Executives React

Coinbase Global Inc. CEO Brian Armstrong, who attended the White House summit hosted by Trump, said the government and industry are ready to advance the final stages of the Clear Act.

He added that CFTC Chairman Michael Selig and SEC Chairman Paul Atkins are aligned on this goal, and he expressed optimism about the Senate ultimately passing the legislation.

@POTUS's message today was clear: This administration is committed to passing the Clear Act—answering voters' calls for consistent crypto regulatory rules.

Regulators @SECPaulatkins and @chairmanselig are aligned, Congress has set dates, and the entire industry is ready to move forward...

— Brian Armstrong August 20, 2026

Robinhood Markets Inc. CEO Vlad Tenev, also in attendance, said the company's core mission is to achieve broad ownership, calling it essential to a free, stable, and prosperous society.

He said Robinhood is committed to ensuring "America leads."

Robinhood exists to make everyone an owner.

Broad ownership is essential to a free, stable, and prosperous society.

— Vlad Tenev August 20, 2026

Ripple CEO Brad Garlinghouse praised Trump's "incredible commitment" to US digital asset innovation and leadership.

"Crypto is not a fringe industry. Washington DC knows crypto voters are active and powerful," Garlinghouse added.

Great to be back at the White House today with @realDonaldTrump, @SECPaulSAtkins, @ChairmanSelig, and crypto industry leaders.

The big picture has never been clearer: 67 million Americans hold crypto today. Crypto is not a fringe industry...

— Brad Garlinghouse August 20, 2026

Binance founder Changpeng Zhao also joined the celebration, saying "We're back" in response to Trump's pro-industry remarks at the event.

We're back! 👏

— CZ 🔶 BNB August 19, 2026

SEC Chairman Promises "Greatest Advances at the Tech Frontier" Will Happen in the US

SEC Chairman Paul Atkins said that under Trump, the regulator will ensure "the greatest advances at the tech frontier" happen in the US.

Great to join @WhiteHouse today with President Trump @realDonaldTrump, @ChairmanSelig, and industry leaders.

Under President Trump, we will ensure the greatest advances at the tech frontier happen in the US. 🇺🇸

— Paul Atkins August 19, 2026

Pro-crypto Senator Cynthia Lummis cited Trump's criticism of the Biden administration's crypto regulation as a "brutal" crackdown that pushed innovation to China.

"We must never return to the era of 'Operation Choke Point 2.0,'" the senior Republican said.

Fact check: True

We must never return to the era of "Operation Choke Point 2.0."

— Senator Cynthia Lummis August 19, 2026

Trump Reaffirms Pro-Crypto Stance

Trump said the US holds an "undisputed lead" not only in Bitcoin and cryptocurrency but also in technologies like prediction markets.

He added that the US is currently the "hottest country" in the world and urged Congress to take the next step by passing the Clear Act.

When asked whether the administration plans to accumulate Bitcoin or other cryptocurrencies, Trump said the option is "under discussion" and that he would "certainly listen" if executives made recommendations.