Patrick Witt

Patrick Witt, Executive Director of the President's Council of Advisors for Digital Assets at the White House, shares insights on the Senate's market-structure bill and its significance for crypto policy. He discusses the complexities of DeFi regulations and emphasizes its importance for U.S. innovation. Witt also highlights the White House's focus on balancing regulation with technological advancement. The conversation touches on how the Democratic Party is increasingly engaging with crypto issues and the potential challenges of KYC/AML in evolving digital landscapes.

Patrick Witt, Executive Director of the President’s Council of Advisors for Digital Assets, dives into crucial crypto topics. He discusses the anticipated Crypto Market Structure Bill and its potential to reshape regulations. Witt emphasizes blockchain’s role as a cornerstone of innovation in the fourth industrial revolution. He also outlines a strategic Bitcoin reserve’s funding options and its transformative effects on government services. With presidential support, he highlights new priorities for crypto policy and reshoring activity.

Patrick Witt, White House Executive Director of the President’s Council of Advisors for Digital Assets, shares his insights on federal crypto market-structure legislation. He expresses confidence that the bill will be finalized by 2026 and explains how the government shutdown has quietly enhanced negotiation focus. Witt argues for proactive legislation to avoid crisis-driven rules and discusses the importance of balancing state and federal regulations. He also touches on the need for inclusivity in DeFi and harmonizing roles between the SEC and CFTC.