Patrick Witt
Coverage of Patrick Witt in the Nexus archive.
- US Bitcoin reserve hits snag as federal agencies debate for control: Bloomberg
The US Bitcoin reserve faces challenges as federal agencies debate control, following White House crypto adviser Patrick Witt's comments on legal implications. The administration is examining the legal aspects of creating such a reserve.
- White House crypto adviser Witt defends Clarity Act, calls it ‘pro-law enforcement’ as lawmakers race to pass bill
White House's top cryptocurrency adviser, Patrick Witt, defends the Clarity Act as 'pro-enforcement' despite pushback. The bill is being pushed by lawmakers for passage.
- White House: Bitcoin Reserve Announcement Is Imminent
The White House is set to announce the U.S. Strategic Bitcoin Reserve, with Executive Director Patrick Witt stating that a major legal hurdle has been cleared. The reserve holds an estimated 328,372 BTC and is expected to be a significant development in the use of cryptocurrency as a strategic asset. An announcement is imminent, according to Witt.
- White House Says Strategic Bitcoin Reserve Announcement Is Imminent: ‘A Breakthrough’
The White House is set to announce the U.S. Strategic Bitcoin Reserve, with Executive Director Patrick Witt stating that a major legal hurdle has been cleared. The reserve holds an estimated 328,372 BTC and was established by President Trump's executive order on March 6, 2025. An announcement is expected soon.
- US Strategic Bitcoin Reserve Announcement Coming Within Weeks: White House
The White House is expected to announce details of the US Strategic Bitcoin Reserve within weeks, which will centralize and audit the government's existing Bitcoin holdings. The reserve is a result of an executive order that stopped federal agencies from dumping seized Bitcoin on the market. The announcement may mark a shift in the government's approach to Bitcoin, from selling it off to holding onto it.
- White House Targets July 4 for Clarity Act Passage: Crypto Adviser
The White House aims to pass the Clarity Act by July 4, with a Senate Banking Committee markup planned for this month, and four working Senate weeks in June for floor passage. Patrick Witt mentioned this timeline. The act's passage is a key target for the White House.
- White House targets July 4 for Clarity Act passage, says crypto adviser Patrick Witt
The White House is targeting July 4 for the passage of the Clarity Act, according to crypto adviser Patrick Witt. The act aims to provide clarity on cryptocurrency regulations. This move is expected to impact the cryptocurrency industry.
- White House aims for July 4 deadline to pass landmark crypto regulation bill
The White House aims to pass a landmark crypto regulation bill by July 4, with top crypto adviser Patrick Witt setting the target date. The bill would introduce broad crypto legislation into law. This move indicates the US government's increasing focus on regulating the cryptocurrency industry.
- White House crypto advisor hints at ‘big announcement’ on Trump’s strategic bitcoin reserve in coming weeks
White House crypto advisor Patrick Witt hinted at an upcoming 'big announcement' regarding Trump’s strategic Bitcoin reserve, stating that related legislation is progressing. The announcement is expected in the coming weeks.
- Lawmakers Warn Crypto Clarity Will Decide U.S. Leadership as 2026 Election Looms
U.S. lawmakers and White House officials emphasized the need for clear crypto regulations, particularly the Clarity Act, to ensure U.S. leadership in financial innovation ahead of the 2026 election. Senator Cynthia Lummis and digital asset adviser Patrick Witt argued that predictable rules are critical for industry growth and national competitiveness, while warning against the risks of political shifts undermining progress.