Patrick Witt, executive director of the White House Crypto Council, has stepped down with no replacement named. His departure leaves the council with no active members, after the successive exits of David Sacks in March 2026, Bo Hines in Q3 2025, and Harry Jung in July 2026. The CLARITY Act, legislation meant to provide clear regulatory framework for the crypto industry in the U.S., was stalled amid opposition from the banking industry and Senate Democrats. The market placed only a 26% probability on its passage before 2028.
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