White House Crypto Council Director Bo Hines Resigns

Bo Hines Departs White House Crypto Council

Bo Hines, Executive Director of the White House Crypto Council, announced his resignation on Saturday. Hines is reportedly returning to the private sector but affirmed his continued support for the cryptocurrency industry.

Hines stated on X (formerly Twitter):

“Serving in President Trump’s administration and working alongside our brilliant AI & Crypto Czar, David Sacks, as Executive Director of the White House Crypto Council, has been the honor of a lifetime. Together, we have positioned America as the crypto capital of the world.”

Successor Speculation

While a formal successor hasn't been named, independent crypto reporter Eleanor Terrett suggests that Patrick Witt, the council's current deputy director, is the leading candidate for the role.

The White House Crypto Council plays a crucial role in shaping U.S. policy related to digital assets. The change in leadership comes at a time of increasing regulatory scrutiny and growing institutional interest in the crypto space.

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