BTCLoading…

Bessent’s top crypto adviser Tyler Williams exits US Treasury: Report

A key architect of the Trump administration’s digital asset agenda is leaving the Treasury Department as Congress struggles to advance landmark crypto legislation.

CB
Cointelegraph by Sam Bourgi
Wire content from Cointelegraph

Written by Sam Bourgistaff writerReviewed by Robert Lakinstaff editorWritten by Sam Bourgistaff writerReviewed by Robert Lakinstaff editorBessent’s top crypto adviser Tyler Williams exits US Treasury: ReportLatest NewsPublishedAug 3, 2026

A key architect of the Trump administration’s digital asset agenda is leaving the Treasury Department as Congress struggles to advance landmark crypto legislation.

Tyler Williams, a senior US Treasury official overseeing digital asset policy and a key adviser to Treasury Secretary Scott Bessent, has left the department, according to a Monday report by Punchbowl News.

In a statement shared with Punchbowl, Bessent confirmed that Williams’ last day at the Treasury Department was Friday, saying he had been “instrumental” in advancing the Trump administration’s vision of making the US the “crypto capital of the world.”

Williams joined the Treasury Department in early 2025 after serving as head of policy at Galaxy Digital. During his tenure, he played a central role in shaping the administration’s digital asset agenda. According to the report, Williams is expected to return to the private sector.

Source: Brendan Pedersen

Williams’ departure comes as Congress remains deadlocked over the Digital Asset Market Clarity (CLARITY) Act, a market structure bill that has stalled ahead of lawmakers’ August recess amid disagreements over ethics provisions for federal officials.

The legislation requires 60 votes to advance in the Senate, meaning Republicans will need Democratic support to move it forward. However, bipartisan consensus has yet to emerge. Analysts at Bernstein said Monday that further delays to the bill could weigh on digital asset prices by prolonging regulatory uncertainty.

Magazine: Here’s why the CLARITY Act’s ethics deal may be so hard to reach

1 minute letter1 minute letter<!–>

Subscribe to daily byte-sized crypto news from Cointelegraph

[–> Subscribe Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

More on the subject

CLARITY Act failure could send crypto valuations lower: Bernstein

<!–>[–>19 hours agoZoltan Vardai<!–>[–>

Bitget to exit Japan, close remaining positions after Dec. 31

<!–>[–>23 hours agoEzra ReguerraNews Brief<!–>[–>

Onchain, in court: What happened in crypto legal news this week

<!–>[–>Aug 1, 2026Turner Wright

CLARITY Act failure could send crypto valuations lower: Bernstein

<!–>[–>19 hours agoZoltan Vardai<!–>[–>

Bitget to exit Japan, close remaining positions after Dec. 31

<!–>[–>23 hours agoEzra ReguerraNews Brief<!–>[–>

Onchain, in court: What happened in crypto legal news this week

<!–>[–>Aug 1, 2026Turner Wright

More from Crypto Regulation News

Leave a Reply

Your email address will not be published. Required fields are marked *