Friday, December 26, 2025

US White House 'Crypto Policy Core' to Take the Stage at KBW [Crypto Briefing]

Input
2025-09-16 16:57:15
Updated
2025-09-16 16:57:15
US White House 'Presidential Digital Asset Advisory Committee' Co-leads
Korea Blockchain Week 2025 (KBW2025) logo. Provided by Factblock

Patrick Witt, Secretary General of the US White House 'Presidential Digital Asset Advisory Committee'. Provided by Factblock

[Financial News] Key figures in the virtual asset policy of the US Trump administration will participate in the 'Korea Blockchain Week 2025 (KBW2025)' to be held in Seoul from the 22nd to the 28th. The web3 industry, as well as policy officials, are expected to focus on the fact that they can directly check the crypto policy roadmap of the US administration, which continues its pro-virtual asset stance.
According to the industry on the 16th, Patrick Witt, Secretary General of the US White House 'Presidential Digital Asset Advisory Committee', and Harry Jeong, Deputy Secretary General, have been listed as speakers at the main conference 'Impact (KBW2025:IMPACT)' held at the Walkerhill Hotel & Resort in Seoul for two days from the 23rd to the 24th during the KBW period.
Recently, as the White House announced a report on 'Strengthening US Leadership in the Digital Financial Technology Sector' following an executive order from President Donald Trump, there is interest in their lectures. According to the 160-page report released by the White House Digital Asset Task Force, the Trump administration's virtual asset policy is shifting from excessive regulation to innovation-friendly.
Kang Bong-joo, Deputy Specialist at the International Finance Center, said, "The White House report focuses on securing legal stability in digital asset liquidity, stablecoin payment innovation, and digital asset taxation policy," adding, "Accordingly, the policies of regulatory agencies such as the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are all changing."
Patrick Witt, Secretary General, also plays a role in developing and coordinating national policies on regulation and emerging financial technology based on digital asset innovation. Harry Jeong, Deputy Secretary General, also served as the chief advisor to Acting Chair Caroline D. Pham at the CFTC. At that time, he led digital asset-related tasks such as virtual assets and decentralized finance (DeFi) at the CFTC. Prior to joining the CFTC, he worked as a capital market regulation officer in the private sector, including Citigroup, and has experience working at Morgan Stanley and the Financial Industry Regulatory Authority (FINRA).

Harry Jeong, Deputy Secretary General of the US White House 'Presidential Digital Asset Advisory Committee'. Provided by Factblock

The web3 industry predicts that the KBW announcement by White House officials will affect domestic legislation discussions such as the Korean won stablecoin and the Digital Asset Basic Act (second phase legislation).
An industry official said, "The participation of Secretary General Witt and Deputy Secretary General Jeong in KBW seems to go beyond a simple policy announcement and lead to exchanges with policy officials from major Asian countries," adding, "We hope to confirm the US administration's perspective on the Digital Asset Basic Act and stablecoin institutionalization being promoted by the Korean government and the National Assembly."
'Meeting of Washington and Seoul, Convergence of Virtual Assets and AI' themed KBW2025:IMPACT is hosted by Factblock, a web3 ecosystem builder, and co-hosted by Bithumb, a major virtual asset exchange. Official conference partners include Sui, Stable, and ZeroG (0G).


elikim@fnnews.com Mihee Kim Reporter