New White House cryptocurrency advisor Patrick Witt calls market structure bill a top priority

Patrick Witt, President Trump's newly appointed cryptocurrency czar, announced in an interview that he will take over from Bo Hines and urge lawmakers to finalize US cryptocurrency policy and implement new stablecoin laws. Two weeks after the US government released its strategic report, Witt stated that "work continues unabated and we are fully committed to advancing all initiatives." He outlined three top priorities: Senate market structure legislation, swift implementation of the GENIUS stablecoin law, and the establishment of a federal cryptocurrency reserve.