Haciyev Reşit 
The U.S. administration is preparing to take historic steps on cryptocurrencies. At the Korea Blockchain Week 2025 conference, the White House’s new crypto advisor, Patrick Witt, announced that creating a strategic Bitcoin (BTC) reserve and enacting a market structure bill for the crypto sector are among the top priorities.
Witt emphasized that crypto policies would play a transformative role not only for the U.S. but also for the global financial system. He stated that the new crypto bill is expected to be presented for President Donald Trump’s approval by the end of 2025.
A New Crypto Advisor at the White House
Following the resignation of Bo Hines, who joined Tether, Patrick Witt took over as the White House’s crypto advisor and made his most comprehensive remarks to date:
“We’re doing everything we can, we’re stepping in when there’s a deadlock, and removing obstacles in front of the bill. We’re optimistic it will be on President Trump’s desk and signed before year’s end.”
Market Structure Bill: A Landmark Framework for Crypto
The long-awaited market structure bill in the U.S. aims to provide a comprehensive regulatory framework for digital assets. The bill seeks to:
- Enhance transparency and security in crypto transactions
- Clarify the legal status of digital assets
- Consolidate different proposals such as the CLARITY Act and GENIUS Act
If passed, the legislation would pave the way for broader institutional adoption of cryptocurrencies in the U.S.
Strategic Bitcoin Reserve for the U.S.
One of Witt’s most striking points was the plan for the U.S. to establish an official Bitcoin reserve. This move would signal that digital assets are not only speculative investments but also strategic reserve instruments for nations.
Such a reserve is seen as vital for both supporting the global competitiveness of the U.S. dollar and strengthening national security in the digital era.
Witt’s Four Core Crypto Priorities
Witt outlined the White House crypto committee’s main goals under four pillars:
- Swift passage of digital asset legislation
- Establishment of a U.S. strategic Bitcoin reserve
- Clear rules on crypto taxation
- Protection of developers’ rights in crypto innovation
Crypto Markets on Alert
Witt’s comments sparked optimism across markets, especially the strategic Bitcoin reserve plan, which many view as a strong long-term bullish catalyst for BTC.
The global crypto community now awaits whether the U.S. will pass a comprehensive crypto bill by the end of 2025. If Witt’s timeline holds, it could mark a historic turning point for the global crypto industry.
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