Treasury Secretary Scott Bessent's top crypto adviser left the department on July 31 and is expected to return to the private sector, ending a 17-month stint that began shortly after he departed crypto company Galaxy Digital.
Tyler Williams, a counselor who advised Bessent on cryptocurrency and blockchain policy, was "instrumental" in advancing President Donald Trump's goal of making the U.S. the "crypto capital of the world," Bessent said in a statement to Punchbowl News, which first reported the departure.
- Punchbowl didn't identify Williams's next employer or give a reason for his exit.
From Galaxy Digital to government
Federal financial disclosures reviewed by The Coinformer provide additional detail about Williams's ties to the industry he helped oversee.
Williams's new-entrant disclosure, filed on Feb. 21, 2025, listed $701,000 in salary and bonus from Galaxy Digital, restricted stock units worth between $100,000 and $250,000 and Bitcoin valued at $15,001 to $50,000. Treasury announced his appointment five days later.
His employment agreement called for the Galaxy Digital stock awards to be liquidated. Subsequent transaction reports list five GLXY share sales between July 11 and Aug. 5, 2025, carrying disclosure ranges that total roughly $132,000 to $380,000, according to federal filings compiled by ProPublica.
The records don't show Williams buying or selling Bitcoin while at Treasury, though, and his entrance disclosure doesn't establish whether he still owns it.
Williams helped develop the White House's crypto report and announced in April a Treasury cybersecurity information-sharing program for crypto companies.
- His departure coincides with the Senate's struggle to advance the CLARITY Act, legislation that would divide oversight of crypto markets between federal regulators.