Trump Taps Failed GOP House Candidate to Lead New Crypto Advisory Council

Former North Carolina GOP Candidate Tapped to Shape Digital Asset Policy

  • Trump names Bo Hines as Executive Director of Presidential Council of Advisers for Digital Assets.
  • Former House candidate Hines to collaborate with David Sacks, appointed White House AI and Crypto Czar.
  • 29-year-old Hines previously received campaign support from former FTX executive Ryan Salame.
  • Sriram Krishnan, ex-Andreessen Horowitz VC, appointed as Senior Policy Advisor for AI.
  • New advisory group aims to promote innovation in digital assets sector.

Trump Appoints Digital Assets Leadership Team, Names Bo Hines to Head New Crypto Advisory Council

- Advertisement -

Former President Donald Trump has selected Bo Hines, a previous Republican House candidate, to lead a new cryptocurrency advisory council, marking a significant development in potential crypto policy direction for a possible second Trump administration.

Political Background and Crypto Connections

Hines, who at 29 years old brings limited cryptocurrency experience, will serve as Executive Director of the Presidential Council of Advisers for Digital Assets, according to Trump’s announcement on Truth Social. The appointment pairs him with David Sacks, recently named White House AI and Crypto Czar.

During his 2022 congressional campaign in North Carolina’s 13th District, Hines received financial backing from Ryan Salame, the former FTX Digital Markets CEO who later faced legal consequences for campaign finance violations. Hines’ subsequent 2024 House campaign in the state’s 6th District ended in a fourth-place primary finish.

Strategic Appointments and Industry Focus

The administration’s digital asset strategy includes multiple key appointments:

  • Bo Hines – Executive Director, Presidential Council of Advisers for Digital Assets
  • David Sacks – White House AI and Crypto Czar
  • Sriram Krishnan – Senior Policy Advisor for Artificial Intelligence

Krishnan, who recently left Andreessen Horowitz, will collaborate with Sacks on technology policy initiatives. Hines expressed gratitude for the appointment on X, emphasizing his commitment to advancing technological innovation in the digital assets sector.

The council’s primary objectives include fostering innovation within the cryptocurrency industry while establishing regulatory frameworks that support market growth. This initiative represents Trump’s most concrete step toward developing a comprehensive digital assets policy platform for his potential second term.

- Advertisement -

✅ Follow BITNEWSBOT on Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

Stay in the Loop

Get exclusive crypto insights, breaking news, and market analysis delivered straight to your inbox. No fluff, just facts.

    1 Email per day. Unsubscribe at any time.

    - Advertisement -

    Latest News

    Mystery Creator Nets $5M Launching Hundreds of Memecoins Daily

    One memecoin creator has launched hundreds of tokens daily since January.The creator has made...

    Tornado Cash Co-Founder Roman Storm Guilty on Money Transmitting Charge

    Roman Storm, co-founder of crypto mixing tool Tornado Cash, was found guilty of operating...

    Predictors Bet on Bitcoin Surge, Vitalik’s Linea Mention, ETH Push

    Prediction markets show most participants expect Bitcoin to reach $125,000 before dropping to $105,000. A...

    SocGholish Malware Leveraging TDS for Sophisticated Web Attacks

    Attackers use Traffic Distribution Systems to spread the SocGholish Malware through compromised websites. SocGholish operates...

    OpenAI Launches Smarter, Faster GPT-5 AI Model for All Users

    OpenAI has launched the new ChatGPT-5 model, available to all users, including free accounts. ChatGPT-5...

    Must Read

    18 Countries With No Privacy Laws According To UN (List)

    Privacy laws are legal frameworks designed to protect personal data from unauthorized access, misuse, or disclosure.Lack of privacy laws can lead to misuse of...