White House digital asset advisor Patrick Witt has highlighted the 2026 Davos World Economic Forum as a crucial turning point for the normalization of digital assets as a global mainstream asset class. According to PANews, Witt emphasized that stablecoins are the "gateway product" for the global financial adoption of cryptocurrencies. He noted that Washington is accelerating the development of a regulatory framework to enable coexistence and competition between traditional finance and the emerging crypto sector.
Witt acknowledged procedural delays in key Senate digital asset legislation, such as the market structure bill, but expressed confidence that these proposals will eventually be consolidated and reviewed by the Senate. Additionally, U.S. regulatory bodies aim to take a leading role in global regulatory discussions.