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

Former North Carolina GOP Candidate Tapped to Shape Digital Asset Policy

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  • 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

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.

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