Latest News and Articles about Patrick Witt
US Strategic Bitcoin Reserve Advances as White House Focuses on Custody and Legal Structure
Patrick Witt says the White House is still pushing forward on a US Strategic Bitcoin Reserve, with an announcement expected soon that appears focused on legal structure, custody, and how the whole thing is supposed to work without falling apart in a bureaucratic ditch. Progress is still happening behind the scenes Custody and legal durability […]
Read MoreWhite House Readies Major US Strategic Bitcoin Reserve Announcement as Congress Moves to Codify It
The White House says a major update on the US Strategic Bitcoin Reserve is coming soon, and if it sticks, Washington may finally be moving from vague symbolism to actual Bitcoin policy. Patrick Witt says there has been a “breakthrough” on the executive side. The White House expects a “big announcement” in the next few […]
Read MoreWhite House Adviser: Stablecoin Yields No Threat to Banks Amid Crypto Regulation Clash
White House Adviser Defends Stablecoin Yields: No Threat to Banks Amid Crypto Regulation Debate A senior White House crypto policy adviser, Patrick Witt, has stepped into the fray with a striking assertion: stablecoin yields, those attractive rewards dangled by crypto platforms, aren’t the existential threat to the U.S. banking system that critics claim. Speaking at […]
Read More