Trump Adviser Predicts Inevitable Crypto Market Structure Bill, Says Industry Needs Regulation

A senior Trump administration adviser stated that comprehensive cryptocurrency market structure legislation is inevitable and necessary for the industry's operation. Patrick Witt, Executive Director of the President’s Council of Advisors for Digital Assets, argued the sector "cannot continue to run without it," framing its passage as "a question of when, not if." Witt made the comments on January 24, 2026, challenging industry resistance to the Senate's pending bill. He directly addressed the common stance that "no bill is better than a bad bill," emphasizing the perceived urgency for a regulatory framework for digital assets.