🚨 White House Crypto Chief Patrick Witt Steps Down
Patrick Witt, the Executive Director of the President’s Council of Advisors for Digital Assets, has left his government role to return to the private sector. This departure leaves a vacancy at the top of the White House crypto advisory team.
No successor has been named yet. This follows the previous exits of advisors Harry Jung and Bo Hines. Despite these vacancies, officials state that President Trump remains focused on digital assets and the Digital Asset Market Clarity Act.
The executive branch is continuing rulemaking efforts through the SEC, CFTC, OCC, and the Treasury Department. The next liaison will be tasked with navigating 2027 crypto legislation, including tax reforms and market structure changes.
#WhiteHouse #CryptoPolicy #Regulation #PatrickWitt
Patrick Witt, the Executive Director of the President’s Council of Advisors for Digital Assets, has left his government role to return to the private sector. This departure leaves a vacancy at the top of the White House crypto advisory team.
No successor has been named yet. This follows the previous exits of advisors Harry Jung and Bo Hines. Despite these vacancies, officials state that President Trump remains focused on digital assets and the Digital Asset Market Clarity Act.
The executive branch is continuing rulemaking efforts through the SEC, CFTC, OCC, and the Treasury Department. The next liaison will be tasked with navigating 2027 crypto legislation, including tax reforms and market structure changes.
#WhiteHouse #CryptoPolicy #Regulation #PatrickWitt