White House crypto council chief Patrick Witt steps down
Witt’s departure leaves a leadership gap at the White House Crypto Council and marks the fourth high-profile exit from the advisory group.
Patrick Witt, the executive director of the White House’s Crypto Council, is leaving his current role for a new opportunity in the private sector.
“Serving in this administration has been the privilege of a lifetime,” wrote Witt in a Thursday X post, adding that he looks forward to continuing to support US technological advancements “in the private sector.”
Witt served as the White House’s leading advisor on the Digital Asset Market Clarity Act, would have created the first comprehensive US regulatory framework for the crypto market. The US Senate failed to pass a cloture motion on the legislation in September and further progress this session is unlikely.
