The White House's crypto chief departs: State of Crypto Policy

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The Current State of Crypto Policy at the White House":"Patrick Witt, the most recent adviser to President Donald Trump, announced his departure from the White House last week. The White House currently does not have a publicly named crypto head. The executive branch is still engaging in rulemaking and other efforts around digital asset policymaking. Next year, after a new Congress is sworn in, any crypto-related legislating will likely still need a White House liaison. The White House in 2027 will need to navigate a fresh attempt at crypto legislation, which will likely include tax legislation before market structure reform; a potentially hostile chamber of Congress, if Democrats flip the House of Representatives; and the ongoing rulemaking efforts by the Securities and Exchange Commission, Commodity Futures Trading Commission, Office of the Comptroller of the Currency (and the Treasury Department more broadly) and other agencies.","

The Future of Crypto Policy":"The departure of Patrick Witt, the most recent adviser to President Donald Trump, leaves a gap for a new crypto adviser. The White House currently does not have a publicly named crypto head. The executive branch is still engaging in rulemaking and other efforts around digital asset policymaking. Next year, after a new Congress is sworn in, any crypto-related legislating will likely still need a White House liaison. The White House in 2027 will need to navigate a fresh attempt at crypto legislation, which will likely include tax legislation before market structure reform; a potentially hostile chamber of Congress, if Democrats flip the House of Representatives; and the ongoing rulemaking efforts by the Securities and Exchange Commission, Commodity Futures Trading Commission, Office of the Comptroller of the Currency (and the Treasury Department more broadly) and other agencies.","

Challenges Ahead":"The White House in 2027 will need to navigate a fresh attempt at crypto legislation, which will likely include tax legislation before market structure reform; a potentially hostile chamber of Congress, if Democrats flip the House of Representatives; and the ongoing rulemaking efforts by the Securities and Exchange Commission, Commodity Futures Trading Commission, Office of the Comptroller of the Currency (and the Treasury Department more broadly) and other agencies. This week, there are no hearings that we are tracking this week. If you’ve got thoughts or questions on what I should discuss next week or any other feedback you’d like to share, feel free to email me at nik@coindesk.com or find me on Bluesky @nikhileshde.bsky.social ."}