Key Highlights The Treasury is developing a custody framework for Bitcoin held by the U.S. government, covering both self-custody and third-party custody. A follow-up agency review is intended to improve estimates of government-controlled Bitcoin, which currently range from approximately 198,000 $BTC to more than 328,000 $BTC. Questions remain over public disclosure of holdings and the ...
Key Highlights Patrick Witt, Executive Director of the President’s Council of Advisors for Digital Assets, has officially stepped down from government service to return to the private sector. Following Witt’s departure last week, the White House has not yet publicly named a successor to lead its cryptocurrency and digital asset advisory efforts. The vacancy comes ...
Key Highlights: A key cryptocurrency policy official, Witt, has stepped down, marking the third departure of a senior digital asset adviser from the Trump White House this year. Witt served as the final remaining staffer on the White House crypto advisory team following earlier exits by crypto and AI czar David Sacks and deputy Harry ...
Key Highlights: Patrick Witt has departed his role as executive director of the White House Crypto Council. The White House officially confirmed the departure on Wednesday, noting that his temporary government assignment had expired. Witt’s exit marks the end of his tenure helping steer President Donald Trump’s cryptocurrency policy team. Patrick Witt Concludes Role on ...