White House crypto adviser Patrick Witt defends Trump’s ties after CLARITY Act fails

  • Patrick Witt defended Trump’s crypto ties after the CLARITY Act failed.
  • Patrick Witt cited ethics restrictions limiting federal officials from issuing or sponsoring digital assets.
  • Trump agreed to the restrictions in an effort to pass the bill.

White House crypto adviser Patrick Witt defended Trump’s crypto ties after the CLARITY Act failed. Witt said Trump agreed to “unprecedented” ethics restrictions, including limits on federal officials issuing or sponsoring digital assets, in an effort to get the bill passed.

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