Trump names Bo Hines as executive director of the Presidential Digital Assets Advisory Committee

US President-elect Donald Trump has appointed former college football player Bo Hines to the new crypto council.

Announced Sunday, Hines will be on board as executive director of the President’s Council of Advisors for Digital Assets.

Trump’s Crypto Council

The 29-year-old acknowledged the appointment in a Dec. 23 post on X, writing:

“Thank you, Mr. President! It will be the honor of a lifetime to serve in your next administration. Thank you for all you have done and continue to do for our country.”

Hines also expressed his excitement about working with board president David Sacks. He also stated his commitment to ensuring that the digital assets industry thrives and remains critical to America’s technology leadership.

According to a Trump Social Truth post, the crypto council is a newly created advisory body composed of key figures in the virtual currency space. Chaired by Sacks, the group will work to foster industry innovation and growth while providing industry leaders with the resources they need to succeed.

“Together, they will create an environment where this industry can thrive and remain a cornerstone of our nation’s technological advancement,” the statement said.

An alumnus of Yale University and Wake Forest University School of Law, Hines played at both North Carolina State and Yale. In 2022, he took a stab at elective politics, running as a Republican candidate in North Carolina’s 13th Congressional District, where he narrowly lost to Democrat Wiley Nickel.

He has long supported the cryptocurrency, describing the asset as the “epitome of individual empowerment in finance” in a Jan. 16 post on X. He also decried the “burdensome regulations” that the administration de Biden had put the industry, saying it needed “freedom.” to grow organically”.

Pro-Crypto Dating

Since winning the US presidential election, Trump has made several pro-crypto appointments in line with his campaign promise to make the US the crypto capital of the world.

On December 5th, it picked David Sacks to oversee the AI ​​and cryptocurrency sectors. He then explained that his responsibilities would include positioning the US as a world leader in these fields by protecting free speech online and countering Big Tech bias and censorship.

The crypto czar was also tasked with creating a legal framework to address the sector’s demand for regulatory clarity, enabling its growth and success in the country.

Under the Trump administration, Sacks, in collaboration with the chairs of the Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission (CFTC), will lead efforts to reform digital currency policies supported by the new crypto council .

In addition, the president-elect has tapped Paul Atkins to replace outgoing SEC Chairman Gary Gensler, signaling his determination to reverse what he has described as the Biden administration’s “war on crypto,” driven by mainly by the regulator under the leadership of Gensler.

Congressman French Hill was also named the incoming chairman of the House Financial Services Committee, effective in 2025. He is expected to play a crucial role in shaping legislative measures for the crypto sector next year.

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