Patrick Witt

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Patrick Witt

Patrick Witt

@patrickjwitt

Executive Director, President’s Council of Advisors for Digital Assets; Deputy Director, Dept. of War Office of Strategic Capital 🇺🇸

Washington, DC Katılım Mayıs 2012
964 Takip Edilen29.2K Takipçiler
Patrick Witt
Patrick Witt@patrickjwitt·
The dominant players in almost every crypto vertical are foreign. Stablecoin issuer, centralized exchange, DeFi protocol, etc. Without a durable market structure framework in place, the US will continue to fall behind in the digital assets race.
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Brad Garlinghouse
Brad Garlinghouse@bgarlinghouse·
Yesterday, I celebrated 11 years at Ripple. Back then, I couldn’t have predicted that we’d still be fighting for regulatory clarity. The fight has been worth it. After a day in DC having great conversations with @SenatorHagerty, @berniemoreno, @SenatorTimScott, @JohnBoozman and @patrickjwitt - and on stage at @Semafor World Economic Summit - I know we are closer than ever. The CLARITY Act window is open. And now is our moment to act.
Brad Garlinghouse tweet mediaBrad Garlinghouse tweet media
Semafor@semafor

"When people are at their peak frustration, that's when they finally compromise, and it gets done," @Ripple CEO @bgarlinghouse tells @JaxAlemany on his optimism for passage of the CLARITY Act. "I think we're there."

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Solana Policy Institute
Solana Policy Institute@SolanaInstitute·
Thank you, @patrickjwitt, for joining us at yesterday's Solana Summit. Few people have done more to write durable rules of the road for this industry.
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Patrick Witt
Patrick Witt@patrickjwitt·
Excited to join @millercwl tomorrow at the Solana Summit to discuss the latest on crypto regulation/legislation in DC. @SolanaInstitute
Solana Policy Institute@SolanaInstitute

🚨 Speaker announcement! We're kicking off Solana Summit: Washington x Wall Street with a conversation you won't want to miss: “The View from the West Wing,” with @patrickjwitt, Executive Director, President’s Council of Advisors for Digital Assets, in conversation with @Millercwl. Join us solanapolicyinstitute.org/summit/new-yor…

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Comptroller Jonathan Gould
Comptroller Jonathan Gould@USComptroller·
The United States should not be ceding digital asset innovation to other countries due to regulatory uncertainty. As @SecScottBessent notes, clarity is what keeps markets and the companies, capital, and technologies behind them here at home. A clear framework is how we ensure American dominance in financial innovation and uphold @POTUS vision of U.S. leadership in the global economy.
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Patrick Witt
Patrick Witt@patrickjwitt·
Protecting software developers is one of the most important aspects of this bill. It’s a core pillar of making the US the crypto capital of the world. Criminalizing code does nothing but drive innovation offshore.
Zach Warmbrodt@Zachary

A rift between crypto firms and law enforcement is threatening the crypto market structure bill that Republicans are hoping to advance soon after Congress returns next week. @Jasper_Goodman politico.com/news/2026/04/0…

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David Sacks
David Sacks@DavidSacks·
The GENIUS Act, signed by President Trump last year, established U.S. leadership on stablecoins. The CLARITY Act, also known as market structure legislation, would do the same for all other digital assets by providing clear rules of the road. Secretary Bessent is right: the time to act is now. Senate Banking, and then the full Senate, should pass market structure. I’m confident that they will. And then President Trump will sign this landmark bill into law.
Treasury Secretary Scott Bessent@SecScottBessent

Congress has spent the better part of half a decade trying to pass a framework to onshore the future of finance. It is time for @BankingGOP to hold a markup and send the CLARITY Act to President Trump’s desk. Senate time is precious, and now is the time to act.

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Patrick Witt
Patrick Witt@patrickjwitt·
“The U.S. didn’t become the world’s financial center by hesitating in moments of technological change. It led by setting standards that others followed. By passing comprehensive digital-asset market-structure legislation, Congress will ensure that the next generation of financial innovation is built on American rails, backed by American institutions, and denominated in American dollars.” 🎯
Treasury Secretary Scott Bessent@SecScottBessent

Congress has spent the better part of half a decade trying to pass a framework to onshore the future of finance. It is time for @BankingGOP to hold a markup and send the CLARITY Act to President Trump’s desk. Senate time is precious, and now is the time to act.

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Patrick Witt
Patrick Witt@patrickjwitt·
Congratulations to @perkinscr97 and @sethginns on this exciting announcement. Expect to see a lot more headlines like this as digital assets are brought into the regulatory fold. CLARITY would supercharge this.
Franklin Templeton Digital Assets@FTDA_US

Today, we launched Franklin Crypto: a new dedicated, institutional-grade crypto investment management unit. Industry veterans Chris Perkins and Seth Ginns will co-lead Franklin Crypto alongside @FTI_Global’s Tony Pecore. To expand our existing suite of actively managed crypto and blockchain VC investment offerings, Franklin Templeton will acquire 250 Digital, led by Perkins (@perkinscr97 ) and Ginns @sethginns , formerly of CoinFund. As part of the agreement, all CoinFund liquid cryptocurrency strategies will be acquired to broaden our crypto investment platform. The transaction is expected to incorporate tokenized registered securities within its settlement structure, marking an important step toward conducting M&A transactions on chain.

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Patrick Witt
Patrick Witt@patrickjwitt·
I wonder how a future Democrat administration will handle stablecoin rewards. And developer protections. And DeFi. And the line between digital commodities and securities. Etc. Block passage of the CLARITY Act to find out!
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David Sacks
David Sacks@DavidSacks·
Thanks @ChairmanSelig. Getting crypto market structure legislation across the finish line remains a vital part of the President’s pro-innovation technology agenda which we will continue to push.
Mike Selig@ChairmanSelig

.@DavidSacks made @POTUS' vision of securing America as the global leader in innovation a reality by working tirelessly to advance pro-growth policies for AI and crypto. Thank you David for your leadership as President Trump's AI and Crypto Czar. I look forward to working with you in your new capacity as co-chair of the President's Council of Advisors on Science and Technology.

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Patrick Witt
Patrick Witt@patrickjwitt·
Plenty of uninformed FUD circulating on social media this week. It’s all going to work out. Bullish.
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Paul Atkins
Paul Atkins@SECPaulSAtkins·
Crypto markets—and the millions of Americans who participate in them—deserve long-overdue clarity. Under President @realDonaldTrump's leadership, we are well on our way. My latest in @CoinDesk with SEC Commissioners @HesterPeirce and Mark Uyeda ⬇️ ow.ly/5z2050YwxI5
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Patrick Witt
Patrick Witt@patrickjwitt·
Thought it was fitting to spend St. Patrick’s Day with @patrickc and the @stripe team. Shame on us for not wearing green though. Grok, pls fix.
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Patrick Witt
Patrick Witt@patrickjwitt·
Lost in the rewards/yield debate is how GENIUS-compliant stablecoins will actually lead to deposit inflows. Global demand for USD is massive. Foreigners exchange local currency for stablecoins from a US-based issuer. That is net new capital entering the American banking system.
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