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White House Crypto Adviser Leaves Government
Patrick Witt, the White House Executive Director of the President’s Council of Advisors for Digital Assets, is leaving government service and returning to the private sector. With the departure of Witt, Harry Jung and Bo Hines, the question arises about the focus on digital assets within the White House. The White House continues to engage in rulemaking and other efforts related to digital asset policymaking, but with no named crypto head, the focus on crypto-related legislation and tax legislation is unclear for the future.