Bo Hines to Head Crypto Council, Reports to New ‘Crypto Czar’
US President-elect Donald Trump has appointed Bo Hines, a former North Carolina State and Yale football player, to spearhead the new Crypto Council.
Announced Sunday, Bo Hines will onboard as executive director of the Presidential Council of Advisers for Digital Assets.
Per Trump’s Truth Social post, Hines will report to the new ‘Crypto Czar’ pick, David Sacks. On December 5, Trump picked David to head the AI and Crypto sectors, calling them two “critical areas to the future of American Competitiveness.”
Bo Hines, a graduate of Yale University and Wake Forest University Law School, played football for NC State and Yale. He once ran for a Republican seat in the House of Representatives in 2022, but came up short.
Trump wrote that both Bo Hines and David Sacks will build an environment for the crypto industry to flourish.
“Bo will work with David to foster innovation and growth in the digital assets space while ensuring industry leaders have the resources they need to succeed.”
Besides, Trump has announced the appointment of Sriram Krishnan to serve as Senior Policy Advisor for Artificial Intelligence.
Further, Trump has picked Michael Kratsios to lead tech policy at the White House. Joining Kratsios, Lynne Parker, Kratsios’ former deputy, will help in shaping crypto policy.
In a response post on X, Bo Hines thanked Trump, calling his appointment to serve in the next administration the “honor of a lifetime.”
“I am thrilled to work alongside the brilliant David Sacks to ensure that this industry will thrive and remain a cornerstone of our Nation’s technological advancement.”
Thank you, Mr. President! It will be the honor of a lifetime to serve in your next administration. Thank you for everything you have done and continue to do for our country. @realDonaldTrump
I am thrilled to work alongside the brilliant @DavidSacks to ensure that this industry… pic.twitter.com/DWzU6vO2Oe
— Bo Hines (@BoHines) December 22, 2024
Bo Hines Brings Blend of Diverse Talent
Hines’ new role signifies a blend of diverse talents, including athletic discipline and political insights. This is much needed to guide innovation in the cryptocurrency sector and leverage Hines’ multifaceted experience in digital asset regulation and adoption.
Further, Crypto Council advisory is expected to play a vital role in shaping the conversation around digital currencies.
Meanwhile, MicroStrategy’s executive Chairman, Michael Saylor, proposed a framework to support Trump on cryptocurrency policy to establish clear compliance standards. Saylor voiced his willingness to provide his advice when the crypto advisory council is set.
Source: cryptonews.com
