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WASHINGTON, Aug 9 — Bo Hines, head of Republican President Donald Trump’s Council of Advisers on Digital Assets, announced on Saturday that he is stepping down from his position and returning to the private sector.
Hines has played a key role in shaping the administration’s cryptocurrency policy. Late last month, he led a cryptocurrency working group that included several senior administration officials. The group outlined the Trump administration’s stance on pivotal crypto legislation and urged the U.S. Securities and Exchange Commission (SEC) to establish new, tailored regulations for digital assets.
In a statement, Hines expressed pride in the council’s work, highlighting efforts to bring clarity and innovation to the fast-evolving digital asset market. His departure comes as the administration continues to navigate the complex regulatory landscape surrounding cryptocurrencies, a sector that has seen rapid growth and increasing calls for updated oversight.
The White House has not yet announced a successor
#CryptoNews
#DigitalAssets
#MarketTrends
#InvestmentNews
#CryptoRegulation
#FinTechUpdates
#WealthTalks
#MoneyMatters
#BlockchainNews
#TradingTips
#GlobalMarkets
#InvestmentInsights
#FinancialFreedom
#EconomyUpdates
WASHINGTON, Aug 9 — Bo Hines, head of Republican President Donald Trump’s Council of Advisers on Digital Assets, announced on Saturday that he is stepping down from his position and returning to the private sector.
Hines has played a key role in shaping the administration’s cryptocurrency policy. Late last month, he led a cryptocurrency working group that included several senior administration officials. The group outlined the Trump administration’s stance on pivotal crypto legislation and urged the U.S. Securities and Exchange Commission (SEC) to establish new, tailored regulations for digital assets.
In a statement, Hines expressed pride in the council’s work, highlighting efforts to bring clarity and innovation to the fast-evolving digital asset market. His departure comes as the administration continues to navigate the complex regulatory landscape surrounding cryptocurrencies, a sector that has seen rapid growth and increasing calls for updated oversight.
The White House has not yet announced a successor
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