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White House adviser defends President Trump's crypto ties in wake of Clarity Act defeat

President Donald Trump's crypto adviser, Patrick Witt, accused Democrats of unfairly amplifying Trump's crypto ties as a political weapon.

Patrick Witt, executive director of the President’s Council of Advisors for Digital Assets(Jesse Hamilton/CoinDesk)

Policy

Crypto market structure can't wait for shot at post-election Clarity Act surge: White House

White House and U.S. Treasury officials agree that despite some hope that Congress' "lame duck" session could see the bill again, the work's in regulators' hands.

White House adviser Patrick Witt, speaking at CoinDesk's Policy & Regulation event on Sept. 22, 2026. (Jesse Hamilton/CoinDesk)

Videos

SEC drops 'Reg Crypto' rulemaking: do we still need Clarity?

CoinDesk's The Policy Protocol hosts Rebecca Rettig and Renato Mariotti open on President Trump's White House remarks about bringing Hyperliquid onshore, then dig into Judge Vernon Oliver's Connecticut ruling that slammed the CFTC's emergency order in the Kalshi fight. Alexander Zozos, General Counsel of Superstate and a former SEC staffer, joins the hosts to break down what “Reg Crypto” actually does: two fundraising exemptions plus a safe harbor that acts as a "barbell" on when securities laws apply, solving crypto's "Hotel California" problem of checking in but never checking out. Plus, Rebecca and Renato debrief on whether the rule is a foundation or a window, and name crypto lawyers as their Person of the Week.

SEC drops 'Reg Crypto' rulemaking: do we still need Clarity?

Policy

Senate Dems should accept the victory they won on Trump's crypto limits: White House

U.S. Senate Democrats got President Donald Trump to accept potential limits on his lucrative crypto dealings, but they say the Clarity Act's restrictions aren't enough.

Patrick Witt, executive director of the President's Council of Advisors for Digital Assets (Consensus Miami 2026)

Videos

White House's Patrick Witt: CLARITY is 'not a giveaway' to crypto and Trump's 'historic' ethics concession

CoinDesk's The Policy Protocol hosts Rebecca Rettig and Renato Mariotti open on the week's biggest policy news from SEC Commissioner Hester Peirce's statement on crypto vaults to the London Stock Exchange's launch of a 24/5 tokenized market. Then, Patrick Witt, Executive Director of the President's Council of Advisors for Digital Assets, joins to make the case that the CLARITY Act deserves a Senate floor vote before the August recess and argues that President Trump's agreement to subject himself to conduct restrictions is a "historic" and unprecedented ethics concession. Witt also breaks down the CFTC's expanded mission and the fight over funding and staffing. Plus, Rebecca and Renato debrief on the lessons of MiCA and the state of bipartisan compromise on the Hill, and name the state attorneys general, led by an op-ed from Montana's AG, as their Person of the Week.

White House's Patrick Witt: CLARITY is 'not a giveaway' to crypto and Trump's 'historic' ethics concession

Policy

Bitcoin's U.S. reserve still a work-in-progress as federal agencies hash it out

The White House says it's still evaluating the "best structure" for the federal fund to hold bitcoin as a long-term reserve and a separate stockpile of other crypto assets.

The latest crypto poll seeks to make the case that some voters have single-issue love for crypto as the race for the White House and Congress near an end. (Jesse Hamilton/CoinDesk)

Policy

White House to speak with law enforcement groups to push Crypto's Clarity Act

Officials from the White House are said to be sitting down with law enforcement representatives who have objected to illicit-finance portions of the bill.

White House during the day (Jesse Hamilton/CoinDesk)

Videos

CFTC not ready for crypto's expansion, expert warns

CoinDesk's The Policy Protocol hosts Rebecca Rettig and Renato Mariotti dig into the New York Times investigation of the CFTC and Kalshi's latest lawsuit against Minnesota before sitting down with Aaron Klein, senior fellow at the Brookings Institution. Klein argues that independent financial regulators have been turned into "subsidiaries of the White House," warns that the CFTC is not structurally up to the jurisdiction CLARITY would hand it, and makes the case that the SEC and CFTC should be merged. He also unpacks lessons from Dodd-Frank and the savings-and-loan crisis. Plus, Rebecca and Renato debrief on the CFTC staffing debate and name House Agriculture Chairman GT Thompson and Ranking Member Angie Craig as their People of the Week for their bipartisan push to fill out the CFTC commission.

CFTC not ready for crypto's expansion, expert warns

Videos

Senate sets markup date for market structure

The Senate Banking Committee has scheduled a May 14 markup for the Digital Asset Market Clarity Act, the bill's first serious shot at advancement after a January delay. The White House wants it passed by July 4, but the banking industry still has reservations. CoinDesk's Sam Ewen hosts "CoinDesk Daily."

Senate sets markup date for market structure

Videos

White House wants crypto law signed by July 4th

White House crypto adviser Patrick Witt told Consensus Miami that the administration is targeting July 4 — the nation's 250th birthday — for passage of the Digital Asset Market Clarity Act. The timeline requires Senate markup this month and four floor weeks in June. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

White House wants crypto law signed by July 4th