White House: Crypto Ethics Rules Must Apply to All

Patrick Witt, Executive Director of the President's Council of Advisors for Digital Assets, sat down on the mainstage at CoinDesk's Consensus to discuss the biggest issues in U.S. crypto policy. He covered the Clarity Act's path through the Senate, the status of the U.S. Bitcoin reserve, and the ongoing ethics provision standoff with Democrats. Witt expressed confidence that a July 4th signing deadline is achievable, and teased a major announcement on the Bitcoin reserve "in the next few weeks."

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Timecodes:

00:00 - Patrick Witt at Consensus Miami 2026

01:29 - Progress Report On the Clarity Act

03:03 - The Stablecoin Yield Debate and Genius Act Coordination

06:26 - Ethics Provisions and Conflict of Interest Restrictions

10:43 - News on the U.S. Bitcoin Reserve

15:48 - Genius Act Implementation and Stablecoin Regulation