New White House Crypto Adviser Patrick Witt Puts Market Structure Bill at the Top of Agenda.

September 8, 2025 – The White House’s newly appointed crypto adviser, Patrick Witt, has identified the market structure bill as his primary focus, underscoring the administration’s commitment to advancing digital asset regulation.

Witt, who recently stepped into the role of guiding federal crypto policy, said that establishing clear rules for the industry is essential to fostering innovation while ensuring consumer protection and financial stability. The market structure bill, currently under review in Congress, seeks to define the regulatory boundaries between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), a long-standing point of contention in U.S. crypto oversight.

His remarks signal that the Biden administration is prepared to work more closely with lawmakers to deliver a comprehensive framework for digital assets. Market participants view the bill as a potential turning point that could provide long-awaited clarity for exchanges, investors, and developers operating in the United States.

Witt’s appointment comes at a time when Washington faces growing pressure to keep pace with global developments in crypto regulation. Industry leaders argue that without a clear path forward, the U.S. risks losing competitiveness to jurisdictions moving faster on policy.

With Witt now at the helm of the White House’s crypto strategy, the market structure bill has taken center stage in shaping the future of digital assets in America.