White House Crypto Council loses executive director Patrick Witt

AI-generated briefing · First published

Patrick Witt steps down, leaving the council without staff after prior exits.

Patrick Witt, executive director of the White House Crypto Council, announced his departure for a private-sector role, marking the fourth high-profile exit from the advisory group. [2]

Witt advised on the Digital Asset Market Clarity Act, which the Senate failed to advance in September. [2]

Hyperliquid founder Jeff Yan said U.S. regulatory oversight should apply to firms using the blockchain, not the underlying network itself. [1]

Sources

  1. Hyperliquid founder wants U.S. oversight of trading platforms, not his blockchain

    CoinDesk · · Summary only

  2. White House crypto council chief Patrick Witt steps down

    Cointelegraph · · Full text

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