Trump’s crypto advisor calls for compromises to pass crypto bill
As Republicans look to notch policy wins ahead of the midterms, Trump advisor Patrick Witt says the market structure bill must include compromises to advance in the Senate.
The US Senate’s crypto market structure bill must be passed quickly while lawmakers can still cut deals to advance it, but it will require concessions, says a top White House crypto advisor.
“There *will* be a crypto market structure bill — it’s a question of when, not if,” Patrick Witt, the executive director of the President’s Council of Advisors for Digital Assets, said on Tuesday.
“Assuming a multi-trillion-dollar industry will continue to operate indefinitely without a comprehensive regulatory framework is pure fantasy,” he added.