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White House Crypto Advisor Bo Hines Steps Down - Unchained
Bo Hines has resigned from his role as Executive Director of the White House Crypto Council after serving just seven months. His deputy Patrick Witt, a former Pentagon tech official, is expected to succeed him, according to Fox Business journalist Eleanor Terrett.
“As I return to the private sector, I look forward to continuing my support for the crypto ecosystem as it thrives here in the United States,” said Hines on X.
This story is an excerpt from the Unchained Daily newsletter.
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During his tenure, Hines played a key role in shaping U.S. crypto policy, advocating for limited overregulation and opposing central bank digital currencies (CBDCs).
He also pushed for a strategic bitcoin reserve acquired through budget-neutral means like asset seizures and revaluing gold holdings.