Patrick Witt departs his White House crypto adviser role as the Clarity Act legislative push stalls.
Regulation & Gov ·
Patrick Witt has stepped down from his position as executive director of the President's Council of Advisors for Digital Assets, according to reporting. His departure coincides with the stalling of the Clarity Act, sweeping crypto legislation that Witt had been instrumental in advancing through Washington.
Witt's role centered on driving policy efforts at the federal level to establish clearer regulatory frameworks for digital assets. The timing of his exit—as his detail from the Department of Defense concludes—raises questions about whether the White House will maintain the same level of engagement on crypto policy going forward. The Clarity Act's momentum has notably slowed, with no clear path to passage at present.
The departure leaves open whether a successor will be appointed to lead the digital assets council and whether efforts to resurrect the stalled legislation will resume under new leadership. The extent to which crypto policy will remain a White House priority remains unclear.