Bo Hines, who has led the Trump administration’s White House Crypto Council since December 2024, is stepping down to return to the non-public sector.
For the length of his tenure, Hines oversaw key policy initiatives, including the administration’s push for dedicated crypto regulations and the passage of the GENIUS Act, which established a framework for dollar-pegged stablecoins.
Bo Hines Steps Apart
The outdated skool college soccer player used to be appointed by President Donald Trump in December 2024 to lead the newly shaped White House Crypto Council. The appointment followed Trump’s early-term executive inform to set up the council as share of a broader belief to overhaul US digital asset policy.
He additionally helped bid the discharge of a total digital asset regulatory roadmap and worked on enforcing Trump’s executive convey growing a Bitcoin strategic reserve. The reserve’s development has been restricted by principles requiring “funds-neutral” acquisition solutions – that arrangement the manager can handiest add BTC through asset seizures or other ticket-free channels.
In March, Hines urged revaluing US gold holdings to free funds for Bitcoin purchases without adding to the federal funds. He additionally met with more than 150 alternate representatives in his first three months.
Patrick Witt to Replace Hines
As for now, he’ll proceed as a particular executive worker to assist with AI initiatives alongside AI and Crypto Czar David Sacks. Confirming the pattern, Hines tweeted,
“Serving in President Trump’s administration and working alongside our vivid AI & Crypto Czar David Sacks as Govt Director of the White House Crypto Council has been the appreciate of a lifetime. Together, we’ve positioned The usa as the crypto capital of the arena. I’m deeply grateful to the alternate for its unwavering make stronger – I certainly like this neighborhood and all we’ve constructed together.”
Hines’ deputy, Patrick Witt, is anticipated to interchange him. Witt happens to be a outdated skool Yale quarterback and Pentagon first price and has abilities in defense-related technology investment, nevertheless no bid background in the crypto sector.
His political profession incorporates a congressional bustle in Georgia and service as acting director of the Place of job of Strategic Capital.
