What's Hot

    White House Crypto Adviser Departs as CLARITY Act Remains Stalled

    October 15, 2026

    Bitcoin’s $80,000 buy wall hides a liquidation trap that could send prices toward $78,000

    October 15, 2026

    Zcash risks slide toward $1,000 as inflation fears outweigh ETF inflows

    October 15, 2026
    Facebook Twitter Instagram
    • Business
    • Markets
    • Get In Touch
    • Our Authors
    Facebook Twitter Instagram
    Crypto News: Latest Cryptocurrency News and Analysis
    • Home
    • Business

      Fidelity Buys 7.4% Of Bitcoin Mining Company Marathon Digital Holdings

      February 11, 2021

      Twitter Reacts as Auto Driver Begins Accepting Crypto as Payment

      February 11, 2021

      HSBC Becomes Latest Bank to Suspend Payments to Crypto

      February 4, 2021

      Bitcoin Holds Support; Approaching $50K Resistance

      February 4, 2021

      Cryptocurrency Prices Today: Bitcoin Up Over $47,000, Ether Rises 3%

      February 3, 2021
    • Technology
      1. Business
      2. Insights
      3. View All

      Fidelity Buys 7.4% Of Bitcoin Mining Company Marathon Digital Holdings

      February 11, 2021

      Twitter Reacts as Auto Driver Begins Accepting Crypto as Payment

      February 11, 2021

      HSBC Becomes Latest Bank to Suspend Payments to Crypto

      February 4, 2021

      Bitcoin Holds Support; Approaching $50K Resistance

      February 4, 2021

      White House Crypto Adviser Departs as CLARITY Act Remains Stalled

      October 15, 2026

      Bitcoin’s $80,000 buy wall hides a liquidation trap that could send prices toward $78,000

      October 15, 2026

      Zcash risks slide toward $1,000 as inflation fears outweigh ETF inflows

      October 15, 2026

      US Inflation Spooks Markets, Sends BTC Below $82K Amid Rate Hike Fears

      October 15, 2026

      Bitcoin Climbs as Elon Musk Says Tesla ‘Likely’ to Accept it Again

      March 16, 2021

      Can Cryptocurrency Be Hacked, Stolen Or Scammed? How Can You Be Safe?

      February 11, 2021

      How Investors Can Get In On Crypto Without Actually Buying Any

      February 4, 2021

      Ethereum Just Underwent a Major Change – Hence, The 25% Jump in a Week!

      February 4, 2021
    • Insights
      1. Bitcoin
      2. Ethereum
      3. Eurozone
      4. Monero
      5. View All

      White House Crypto Adviser Departs as CLARITY Act Remains Stalled

      October 15, 2026

      US Inflation Spooks Markets, Sends BTC Below $82K Amid Rate Hike Fears

      October 15, 2026

      AI Agents Have Made 138 Million Crypto Payments, Chainalysis Finds

      October 15, 2026

      USDC Becomes EU’s First ‘Significant’ Stablecoin as Banks Prepare Euro Rival

      October 15, 2026

      Bitcoin’s $80,000 buy wall hides a liquidation trap that could send prices toward $78,000

      October 15, 2026

      9 mega banks block crypto accounts, but new OCC rules bite back

      October 15, 2026

      USDC splits global reserves as EBA enforces Nov 12 handover

      October 15, 2026

      Qivalis wins Dutch EMI license, but MiCA rules block launch

      October 15, 2026

      Zcash risks slide toward $1,000 as inflation fears outweigh ETF inflows

      October 15, 2026

      Ethereum dips below $2,400 as hot inflation fuels selling and long liquidations

      October 15, 2026

      PI holds below $0.0800 as stablecoin plans emerge, but downside risks persist

      October 14, 2026

      XRP rebounds from $1.32 as Standard Chartered adds RLUSD custody

      October 14, 2026

      Philadelphia Mint Hosts Three America 250 Meet-and-Greet Events

      October 15, 2026

      US Mint Launches 2026 Reverse Proof Dollars for IA, WI, CA, MN

      October 13, 2026

      Deadpool and Wolverine Get the Gold and Silver Treatment

      October 9, 2026

      Supergirl Debuts, 2026 Proof Set Tops 240,000

      October 8, 2026

      White House Crypto Adviser Departs as CLARITY Act Remains Stalled

      October 15, 2026

      Bitcoin’s $80,000 buy wall hides a liquidation trap that could send prices toward $78,000

      October 15, 2026

      Zcash risks slide toward $1,000 as inflation fears outweigh ETF inflows

      October 15, 2026

      US Inflation Spooks Markets, Sends BTC Below $82K Amid Rate Hike Fears

      October 15, 2026
    • Markets
    • Get In Touch
    Crypto News: Latest Cryptocurrency News and Analysis
    Home » White House Crypto Adviser Departs as CLARITY Act Remains Stalled
    Bitcoin

    White House Crypto Adviser Departs as CLARITY Act Remains Stalled

    行政By 行政October 15, 2026No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    • The White House confirmed on Wednesday that Patrick Witt’s temporary detail to its crypto council has expired.
    • Witt, a Defense Department employee, was the council’s only remaining staffer, according to a source cited by journalist Eleanor Terrett.
    • The CLARITY Act stalled on 15 September, when a Senate procedural vote failed 49 to 50 with 60 votes needed.

    Patrick Witt has left his post as executive director of the President’s Council of Advisors for Digital Assets, the White House confirmed on Wednesday.

    His temporary assignment to the council had expired, an official told journalist Eleanor Terrett in an email. She had asked the White House three times over the previous week whether Witt still held the job. The official’s statement thanked Witt for his service and named no successor.

    Witt declined to comment to Terrett. He has not posted about his exit on X, where his most recent post went up on 2 October.

    Witt is a Defense Department employee who was on loan to the council, a source familiar with the matter told Terrett. The same source said he deferred his Georgia National Guard service earlier this year and is expected to resume it.

    That source also described Witt as the council’s only remaining staffer. His deputy director, Harry Jung, left at the end of July. Witt also outlasted David Sacks, whose term as the White House’s crypto and AI czar ended earlier this year.

    Read more: Crypto ETFs Bleed as XRP Funds Extend 13-Week Inflow Streak

    A Year on the CLARITY Act

    Witt took over the council in August 2025, after Bo Hines resigned to return to the private sector. Witt was then acting director of the Pentagon’s Office of Strategic Capital.

    The House had passed the CLARITY Act 294 to 134 on 17 July 2025. That bill would set up a system for the SEC and the CFTC to regulate the offer and sale of digital commodities.

    In February, Witt hosted banks and crypto firms at the White House to settle a fight over stablecoin yield. The White House gave both sides a deadline to agree on a compromise.

    Banks worry that stablecoins paying yield could pull deposits away from them, according to law firm Orrick.

    Senate Vote Falls Short

    On 15 September, a Senate vote to begin considering the bill failed 49 to 50, the Senate’s roll call record shows. The motion needed 60 votes, and one senator did not vote.

    Stablecoin yield and the bill’s ethics provisions were the two main sticking points, Orrick wrote in an October client alert.

    Democrats argued the ethics provisions did not stop a sitting president from profiting from digital assets, AMINA analyst Dhruvang Choudhari wrote the day after the vote. No Democrat voted for the motion, he noted.

    Senator Mark Warner said the bill failed to address a conflict of interest over presidential profits from crypto. Senators John Kennedy and Ted Cruz said at the time that the bill could return in the lame-duck session after the November midterm elections.

    Read more: Evernorth Brings 473 Million XRP to Nasdaq

    CLARITY Act#White #House #Crypto #Adviser #Departs #CLARITY #Act #Remains #Stalled1792060550

    Act Adviser Clarity Crypto Departs House remains stalled White
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    行政
    • Website

    Related Posts

    US Inflation Spooks Markets, Sends BTC Below $82K Amid Rate Hike Fears

    October 15, 2026

    AI Agents Have Made 138 Million Crypto Payments, Chainalysis Finds

    October 15, 2026

    9 mega banks block crypto accounts, but new OCC rules bite back

    October 15, 2026

    USDC Becomes EU’s First ‘Significant’ Stablecoin as Banks Prepare Euro Rival

    October 15, 2026
    Add A Comment

    Leave A Reply Cancel Reply

    Top Posts

    Millennials Are Quitting Job to Become Day Traders

    January 20, 2021

    Jack Dorsey Says Bitcoin Will Unite The World

    January 15, 2021

    Hong Kong Customs Arrest Four in Crypto Laundering Bust

    January 15, 2021

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement
    Demo

    Your source for the serious news. This demo is crafted specifically to exhibit the use of the theme as a news site. Visit our main page for more demos.

    We're social. Connect with us:

    Facebook Twitter Instagram Pinterest YouTube
    Top Insights

    White House Crypto Adviser Departs as CLARITY Act Remains Stalled

    October 15, 2026

    Bitcoin’s $80,000 buy wall hides a liquidation trap that could send prices toward $78,000

    October 15, 2026

    Zcash risks slide toward $1,000 as inflation fears outweigh ETF inflows

    October 15, 2026
    Get Informed

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook Twitter Instagram Pinterest
    • Home
    • Business
    • Markets
    • Technology
    • Contact us
    © 2026 ThemeSphere. Designed by WPfastworld.
    • Easterngifts
    • koreanbj
    • korean bj porn​
    • korean bj nude

    Type above and press Enter to search. Press Esc to cancel.