The post Trump’s Crypto Advisor Warns: Pass Bill Now appeared on BitcoinEthereumNews.com.

Trump crypto adviser encourages legislators to pass the flawed CLARITY Act now, warning that inaction may give Democrats the opportunity to impose discriminatory crypto regulations following a future crisis. In a harsh warning to the industry, the crypto adviser to Trump said, either accept the CLARITY Act or be hit by more restrictive regulations in the future. Patrick Witt wrote on X that the bill is not flawless, yet he emphasized the need to act as long as the conditions are in favor of crypto. “No bill is better than a bad bill.” What a privilege it is to be able to say those words thanks to President Trump’s victory, and the pro-crypto administration he has assembled. But let’s not kid ourselves. There *will* be a crypto market structure bill — it’s a question of… — Patrick Witt (@patrickjwitt) January 21, 2026 Source: Patrickjwitt  Will Democrats Seize Control After Crisis? Witt made the decision straightforward: either enact the bill with a pro- crypto president and Congress, or have Democrats write punitive rules when a financial crisis strikes. You may not like all of the CLARITY Act, Witt said on X., but I can assure you that you will despise a Democratic version even more in the future. He gave Dodd-Frank as an example to be wary of, stating it occurred after the crisis of 2008 and altered the financial sector with stringent regulations. The crypto market exists without detailed regulation by the federal government, and Witt referred to any prospect of perpetual existence as crypto-related as pure fantasy. He commended the existing regulatory climate: SEC and CFTC are run by pro-crypto leaders in the Trump administration, and Congress is still Republican. You might also like: Supreme Court Tariff Verdict Imminent: Will XRP Hold $1.80 Support? Retail Investors Voice Concerns Not…

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Filed under: News - @ January 21, 2026 8:29 pm