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White House Digital Asset Advisory Council official: Accelerating U.S. digital asset legislation and building multi-agency collaboration to ensure crypto policy continuity

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2025-09-23 04:44:54
On September 23rd, Harry Jung, deputy director of the US President's Digital Asset Advisory Committee, and Patrick Witt, executive director, shared the core goals of the committee's work at the KBW 2025 summit in South Korea: to accelerate the passage of the Digital Asset Act, build a strategic bitcoin reserve, provide clear crypto tax guidance through the Internal Revenue Service and the Treasury Department, and protect the rights and interests of technology developers.
At the White House, they said, they were working together in a "whole-of-government" way, combining forces from the CFTC, Commerce and Treasury to advance crypto policy. In response to the risk of a policy reversal from a change of government, they said they were "laying a solid foundation" through the current legislative and regulatory framework to ensure that it is difficult for future administrations to overturn the current policy direction. They believe that as long as the crypto industry can thrive and take deep root in the United States, the US crypto strategy will be irreversible.
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