On Saturday, Bo Hines, the executive director of the White House Crypto Council, announced his resignation, marking the end of his tenure in one of the most influential crypto policy roles in the U.S. government.
In his statement, Hines revealed that he is stepping down to return to the private sector, expressing deep appreciation for the crypto community’s unwavering support. Reflecting on his service, he said, “Serving in President Trump’s administration and working alongside our brilliant AI & Crypto Czar, David Sacks, as Executive Director of the White House Crypto Council, has been the honor of a lifetime. Together, we have positioned America as the crypto capital of the world.”
Hines’ departure leaves the executive director position vacant, with no official successor named yet. However, independent crypto journalist Eleanor Terrett has reported that Patrick Witt, the council’s current deputy director, is a likely candidate for the role.
This leadership change comes at a critical moment for the White House Crypto Council, which has been instrumental in shaping national strategies for cryptocurrency regulation, innovation, and global market competitiveness. The council has worked to balance regulatory oversight with fostering blockchain development, aiming to keep the U.S. at the forefront of the digital asset industry.
Hines’ leadership has been marked by strong collaboration with industry leaders, government agencies, and international stakeholders. His exit signals a potential shift in the council’s approach, depending on who is chosen as his successor.
The crypto industry will be closely watching the next appointment, as the council continues to play a pivotal role in shaping policy that could impact digital asset adoption, decentralized finance, and the broader blockchain ecosystem in the United States.
This is a developing story, and further updates are expected as the White House finalizes its plans for leadership transition.