Excited to join @bgarlinghouse on stage tomorrow at Swell and @SergeyNazarov at SmartCon to discuss the future of financial infrastructure. The future is bright. @Ripple @chainlink
Patrick Witt
205 posts
Patrick Witt
@patrickjwitt
Executive Director, President’s Council of Advisors for Digital Assets; Deputy Director, Dept. of War Office of Strategic Capital đŸ‡ºđŸ‡¸
Washington, DC
Joined May 2012
- Delivering on another recommendation from the PWG Report on Digital Assets. Great job by @USTreasury and @IRSnews.Today @USTreasury and the @IRSnews issued new guidance giving crypto exchange-traded products (ETPs) a clear path to stake digital assets and share staking rewards with their retail investors. This move increases investor benefits, boosts innovation, and keeps America the
- Unrealized crypto gains should not be taxed. Simple as. irs.gov/pub/irs-drop/n…
- President Trump has made an excellent choice in Mike Selig to lead the @CFTC. As anyone who knows him will attest, @michaelselig is deeply knowledgeable about financial markets and passionate about modernizing our regulatory approach in order to maintain America’s
- Capital controls on stablecoins are shortsighted and anti-competitive. Make no mistake, they are meant to protect incumbents, not consumers.The Bank of England’s cap on stablecoin ownership is a poison pill for Britain’s financial sector. Britain cannot afford to be left behind. cityam.com/nigel-farage-r…
- An honor to share the stage with @PatrickMcHenry at @Official_Cantor in Miami yesterday. Thanks in large part to his leadership as the former Chairman of @FinancialCmte and the work of countless others, we are closer than ever to passing crypto market structure legislation.
- Big step toward providing clarity for innovators developing non-custodial DeFi tools. The era of crypto regulation by prosecution is over. Thank you to @TheJusticeDept @DAGToddBlanche and Matt Galeotti.Official Remarks from the Department of Justice at AIP Summit x.com/i/broadcasts/1…
- We are blessed to live in such a beautiful country. Grateful to explore some more of it and speak at @AIPLeads yesterday.
- Happy White Paper Day to all those who celeâ‚¿rate.
- OSC at the tip of the spear in the battle to harden America’s REE supply chain and defend against economic coercion. Excellent work by everyone involved at @DeptofWar and @CommerceGov.Two startups aiming to produce an American supply of rare-earth magnets have sealed a $1.4 billion deal with the Trump administration on.wsj.com/4hQA4U3
