2026-6-5 07:57 |
White House adviser Patrick Witt defends the CLARITY Act as lawmakers race to pass crypto rules despite police concerns before midterms now. origin »
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A bold statement came from the White House today. Crypto adviser Patrick Witt publicly rejected JPMorgan CEO Jamie Dimon’s push to bring yield-bearing stablecoins under bank rules. Witt confirmed the Genius Act already draws a clear line between stablecoin issuers and commercial banks.
2026-3-5 00:15 | |
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A major policy signal arrived today. White House crypto adviser Patrick Witt publicly rejected JPMorgan CEO Jamie Dimon’s push to regulate yield-bearing stablecoins under bank rules. Witt stated that the Genius Act prevents stablecoin issuers from lending reserves, meaning they should not face the same restrictions as commercial banks.
2026-3-5 23:15 | |
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White House adviser Patrick Witt said yield-bearing stablecoins needn't to face bank rules because the Genius Act bars issuers from lending reserves.
2026-3-4 16:16 | |
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White House crypto adviser Patrick Witt reportedly refocused crypto and bank lobby talks on a crypto bill to allow stablecoin rewards tied to transaction activity.
2026-2-20 08:18 | |
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Patrick Witt, a senior White House crypto adviser, told reporters that banks should not see stablecoin yield programs as an existential threat. Related Reading: Crypto’s Dark Side: Funds To Suspected Human Traffickers Climb 85% In 2025 He argued that banks and crypto firms can both offer similar products to customers and that the controversy over […]
2026-2-15 18:00 | |
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Patrick McHenry and Patrick Witt told CoinDesk Live at Ondo Summit that crypto law momentum grows, even as disputes over yield and ethics continue to sharpen.
2026-2-10 02:21 | |
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The White House crypto adviser Patrick Witt has asked Democrats on the Senate Agriculture Committee to support a new crypto market structure bill ahead of [...]
2026-1-23 06:33 | |
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Patrick Witt, President Trump’s crypto advisor, is confident that the US Senate will eventually pass a crypto market structure bill. Witt stressed that while some in the industry advocate for “no bill is better than a bad bill,” the reality is that legislation is inevitable.
2026-1-22 10:48 | |
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The bill is still a "priority," White House Crypto Council Director Patrick Witt said, but interagency legalities remain a challenge.
2026-1-19 21:36 | |
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Recent allegations regarding the Bitcoin (BTC) sale by the US Marshal Service (USMS) — operating under the Department of Justice (DOJ) — have been addressed by White House crypto advisor Patrick Witt, who confirmed that the digital assets forfeited by Samourai Wallet and its founders have not been liquidated.
2026-1-17 00:36 | |
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Key Takeaways Bo Hines has stepped down as Head of Trump’s Digital Assets Council, with Patrick Witt taking over amid ongoing crypto policy shifts. Bo Hines, Executive Director of the WhitThe post Does Bo Hines' White House exit mean a major policy shift is incoming? appeared first on AMBCrypto.
2025-8-11 08:00 | |
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The Digital Asset Market Clarity Act has moved to the United States Senate Legislative Calendar, giving the crypto market-structure bill a formal path toward possible floor action. Senate records show the administrative calendar step was completed by June 1, after…
The Digital Chamber is leading a coalition of crypto firms pressing the Senate to pass the CLARITY Act. The Digital Chamber has escalated a coalition push urging the US Senate to pass the CLARITY Act. The trade group is framing…
Clarity Act concerns from law enforcement are overblown, House Majority Whip Tom Emmer said. House Majority Whip Tom Emmer said law enforcement groups are overstating their concerns about crypto developer protections embedded in the legislation. He called the objections a…
Senate advances Iran war powers vote, challenging Trump as Bitcoin traders watch oil, inflation and risk appetite across crypto markets now.
The Trump ethics fight over crypto is now the biggest obstacle to the CLARITY Act reaching 60 Senate votes. Analysts and lawmakers have identified the ethics provision as the CLARITY Act’s most consequential unresolved issue heading to the Senate floor.…
The Clarity Act cleared the Senate Banking Committee 15 to 9 on Thursday, sending Bitcoin above $82,000 for the first time in weeks. The Clarity Act advanced out of the Senate Banking Committee on Thursday in a 15 to 9…