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New White House Cryptocurrency Advisor: Building a U.S. Federal Cryptocurrency Reserve is a Priority

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2025-09-09 12:13:53
Patrick Witt, the new White House cryptocurrency advisor who replaced Bo Hines, said he would urge lawmakers to complete a comprehensive review of U.S. cryptocurrency policy and push regulators to put the new stablecoin law into practice. The current three priorities are market structure legislative work in the Senate, the prompt implementation of stablecoin laws (i.e., the Guidance and Establishment of Stablecoins in the United States National Innovation Act (GENIUS)), and the establishment of the U.S. Federal Cryptocurrency Reserve.
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