White House Crypto Advisor: Davos 2026 World Economic Forum Marks a Turning Point for Global Cryptocurrency Normalization
Odaily News White House crypto advisor Patrick Witt stated that the Davos 2026 World Economic Forum was a turning point for the US government in transforming digital assets into a permanent asset class, with the President reaffirming the commitment to build the US into the global crypto capital. Patrick Witt pointed out that stablecoins have become an entry point into global finance, and the government is working to establish a symbiotic relationship between traditional finance and emerging crypto forces. Currently, the Senate Agriculture Committee plans to review the market structure bill at 10:30 AM on January 29th. Although the Senate Banking Committee has delayed its review due to issues like stablecoin rewards, the relevant legislation is expected to ultimately be submitted to the Senate for a vote. Furthermore, the government plans to shift focus to developing crypto tax solutions after the market structure bill is passed and will continue to monitor asset seizures in national security operations involving countries like Venezuela.
