Patrick Witt, the White House official who led the push for the CLARITY Act, is leaving his post. This matters to US holders because the bill, a broad “market structure” law meant to set clear rules for how crypto is regulated, just lost its main Senate negotiator a month after failing a key vote. Witt was executive director of the President’s Council of Advisors for Digital Assets. A White House official said his “detail has expired,” meaning his temporary assignment from another agency ended.
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