๐จ August 2025 Update: Bo Hines Steps Down from White House Crypto Council
After less than a year at the helm, Bo Hines has officially resigned as Executive Director of the White House Crypto Council to return to the private sector. Reports suggest Patrick Witt*
(Deputy Director) is likely to succeed him.
๐น Key Highlights of Hinesโ Tenure:
- Spearheaded the development of U.S. crypto regulations, including a comprehensive digital asset policy report.
- Advocated for budget-neutral Bitcoin accumulation strategies.
- The ambitious national Bitcoin reserve plan** remained unfulfilled under his leadership.
๐น Whatโs Next?
This leadership shift could impact the pace of crypto policy advancements, particularly regarding the **Bitcoin Reserve** initiative backed by former President Trump.
I remain committed to supporting the crypto industry beyond government service, Hines stated in his resignation announcement.
Whatโs your take? Will Witt continue Hinesโ agenda or bring a new direction? ๐ฌ