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Patrick Witt steps down as director of White House crypto council secretariat

Patrick Witt, who led the White House cryptocurrency council secretariat, has stepped down after his temporary assignment ended. The White House confirmed the end of his duties but has not announced a successor. Witt had overseen talks on tightening the U.S. crypto regulatory framework, including Senate negotiations on the Clarity bill dividing oversight between the SEC and CFTC, and reviewed plans to expand a strategic bitcoin reserve.