Bo Hines, director of the White House crypto advisory group, steps down.
Main Idea
Bo Hines, executive director of the White House Crypto Council, has announced his resignation, with his deputy Patrick Witt likely to succeed him.
Key Points
1. Bo Hines announced his resignation as executive director of the White House Crypto Council on Saturday.
2. Hines expressed gratitude to the crypto community for its support and highlighted his work with David Sacks, the AI & Crypto Czar.
3. Eleanor Terrett reported that Patrick Witt, the deputy director, is likely to be appointed as Hines' successor.
4. Hines' tenure focused on positioning the U.S. as the 'crypto capital of the world.'
Description
Hines said he is leaving the crypto advisory group to rejoin the private sector but will continue to support the cryptocurrency industry.
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