{"id":6402,"date":"2026-02-13T19:16:24","date_gmt":"2026-02-13T19:16:24","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2026\/02\/13\/white-house-executive-director-trillions-are-waiting-to-enter-bitcoin-and-crypto-working-hard-on-market-structure-bill\/"},"modified":"2026-02-13T19:16:24","modified_gmt":"2026-02-13T19:16:24","slug":"white-house-executive-director-trillions-are-waiting-to-enter-bitcoin-and-crypto-working-hard-on-market-structure-bill","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2026\/02\/13\/white-house-executive-director-trillions-are-waiting-to-enter-bitcoin-and-crypto-working-hard-on-market-structure-bill\/","title":{"rendered":"White House Executive Director: Trillions Are Waiting To Enter Bitcoin And Crypto, Working Hard on Market Structure Bill"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

White House Executive Director: Trillions Are Waiting To Enter Bitcoin And Crypto, Working Hard on Market Structure Bill<\/a><\/p>\n

<\/div>\n

Patrick Witt, Executive Director of the President\u2019s Council of Advisors for Digital Assets, discussed the ongoing push for the crypto legislation and the federal government\u2019s management of Bitcoin during a Yahoo Finance interview<\/a> earlier today, stressing the need for regulatory clarity and institutional engagement.<\/p>\n

Witt explained that the House passed<\/a> its version of the Clarity Act last year, and the Senate is drafting its own amendments.\u00a0<\/p>\n

Sections of the bill addressing the Commodity Futures Trading Commission (CFTC) have cleared the Agriculture Committee, while portions covering the Securities and Exchange Commission (SEC) remain<\/a> in the Senate Banking Committee. A markup scheduled for January was postponed, and Witt said discussions are underway to resolve outstanding issues.\u00a0<\/p>\n

\u201cWe are taking it so seriously,\u201d he noted, emphasizing the need for compromise on concerns such as stablecoin yields and deposit flight.<\/p>\n

\u201cWe\u2019ve taken it so seriously,\u201d he said, \u201cIt\u2019s why we\u2019ve hosted the different interested stakeholders here at the White House, and we\u2019re going to continue to stay at the table and encourage them to find a compromise on this issue.\u201d\u00a0<\/p>\n

\n

Great joining @YahooFinance<\/a> this morning to discuss the status of the CLARITY Act. There are trillions of dollars in institutional capital on the sidelines waiting to get into this space. Regulatory clarity is the unlock. https:\/\/t.co\/7sGga1rmmG<\/a><\/p>\n

\u2014 Patrick Witt (@patrickjwitt) February 13, 2026<\/a>\n<\/p><\/div>\n

Crypto held by the U.S. government<\/h2>\n

While the Clarity Act focuses on regulatory clarity, Witt highlighted the government\u2019s Bitcoin holdings as a separate but critical priority.\u00a0<\/p>\n

Following an executive order, agencies halted uncontrolled liquidation of digital assets, preventing potential losses that \u201ccould have been tens of billions of dollars.\u201d\u00a0<\/p>\n

He said efforts are underway to centralize oversight, ensure proper accounting of wallets holding Bitcoin and other digital assets, and explore ways to increase the government\u2019s holdings in a budget-neutral manner.<\/p>\n

Witt pointed to existing legislation from Senator Cynthia Lummis and a forthcoming House bill from Representative Begich, which would formalize authority<\/a> over government digital assets.\u00a0<\/p>\n

\u201cUltimately, if Congress decides, we could add to that stockpile with outright purchases,\u201d he said, noting that such acquisitions would require appropriations approval.<\/p>\n

Witt spent some time in the interview stressing the broader implications for U.S. leadership in digital finance. Centralizing asset management safeguards public resources while positioning the United States to engage more strategically in Bitcoin markets.\u00a0<\/p>\n

\u201cThere are trillions of dollars in institutional capital on the sidelines waiting to get into this space,\u201d Witt said via X regarding the interview.\u00a0<\/p>\n

Witt also noted that improved regulatory clarity under the Clarity Act<\/a> allows both banks and crypto firms to operate with confidence, creating opportunities for innovation and institutional participation.<\/p>\n

He emphasized that banks and crypto companies are moving toward collaboration. \u201cThere\u2019s tremendous opportunity for the JPMorgans of the world to engage in crypto activities,\u201d he said.<\/p>\n

With committee reconciliation and Senate floor time still pending, Witt signaled a sense of urgency.\u00a0<\/p>\n

\u201cWe\u2019ve got to get this done,\u201d he said, framing crypto legislation and government Bitcoin oversight as complementary steps to secure U.S. influence in crypto.<\/p>\n

This post White House Executive Director: Trillions Are Waiting To Enter Bitcoin And Crypto, Working Hard on Market Structure Bill<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine White House Executive Director: Trillions Are Waiting To Enter Bitcoin And Crypto, Working Hard on Market Structure Bill Patrick Witt, Executive Director of the President\u2019s Council of Advisors for Digital Assets, discussed the ongoing push for the crypto legislation and the federal government\u2019s management of Bitcoin during a Yahoo Finance interview earlier today, […]<\/p>\n","protected":false},"author":0,"featured_media":6403,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-6402","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/6402","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=6402"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/6402\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/6403"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=6402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=6402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=6402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}