Patrick Witt urges crypto to compromise as U.S. rules loom, January 21, 2026

On 21 January 2026, Patrick Witt, executive director of the President's Council of Advisors for Digital Assets, urged the U.S. crypto sector to accept trade-offs and advance a market structure bill. He cautioned that waiting for a perfect statute could lead to tougher, crisis-era rules later and said the present political alignment offers a rare chance to shape outcomes.