Patrick Witt, who ran the White House digital assets office, has left, leaving the role vacant and unclear who will handle crypto policy. A White House official said the Clarity Act remains a priority for the president, but the newly named AI czar's remit no longer includes crypto. Earlier, Bo Hines led the office when the GENIUS stablecoin act passed, then took a job running Tether's U.S. arm, while his consulting firm Nxum received Tether payments while he was at the White House. Witt then became the face of the push for the Clarity Act in the Senate, as Democrats demanded limits on senior officials' personal crypto holdings, including the president's. Some lawmakers still suggest legislative action could come in the final weeks of the session after the November elections.
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Related tickers and likely impact
BTC/USDT
• NeutralBitcoin
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/14/2026 | 81,682.01 |
| Change that session | -1.79% |
ETH/USDT
• NeutralEthereum
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $294.2B |
| Close on 10/14/2026 | 2,421.60 |
| Change that session | -3.06% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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