Patrick Witt, the White House cryptocurrency advisor, has declared the 2026 Davos World Economic Forum a pivotal moment for the U.S. in establishing digital assets as a permanent asset class. The President emphasized the goal of positioning the U.S. as a global crypto capital. Witt highlighted stablecoins as a gateway to global finance, with efforts underway to integrate traditional finance with the crypto sector. The Senate Agriculture Committee is set to review the market structure bill on January 29, while the Senate Banking Committee has delayed its review due to stablecoin-related issues. Despite this, related legislation is anticipated to reach a Senate vote. The government also plans to develop a crypto tax framework following the bill's passage and will continue monitoring asset seizures linked to national security concerns involving countries like Venezuela.