White House Digital Asset Advisory Committee Official: Accelerating US digital asset legislation to build multi-department collaboration to ensure the continuity of crypto policy
Foresight News Live News, on September 23, Harry Jung, deputy director of the U.S. President’s Digital Assets Advisory Board, and Patrick Witt, executive director, shared the core goals of the committee’s work at the KBW 2025 Summit in South Korea: accelerate the passage of the Digital Assets Act, build strategic Bitcoin reserves, provide clear crypto tax guidance through the IRS and the Treasury Department, and protect the rights and interests of technology developers. The two said that at the White House, they are collaborating in a "all-government" way, combining the CFTC, the Ministry of Commerce and the Ministry of Finance and other multiple departments to promote the crypto policy. In response to the possible risk of policy reversal caused by the change of government leadership, they said they are "laying a solid foundation" through the current legislative and regulatory framework to ensure that the government will find it difficult to overturn the current policy direction in the future. They believe that as long as the crypto industry can flourish and take root in the United States, the US crypto strategy will be irreversible.
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