White House Crypto Council Director Departs—Says US Now Positioned as Global Crypto Capital
Main Idea
White House Crypto Council Executive Director Bo Hines announces his departure, highlighting the US's progress in becoming a global leader in cryptocurrency under his leadership.
Key Points
1. Bo Hines announced his resignation from the White House Crypto Council on August 9, 2025, via social media platform X.
2. Hines credited his work with AI & Crypto Czar David Sacks for positioning the US as the 'crypto capital of the world'.
3. He was appointed by President Donald Trump in January 2025 and played a key role in drafting the President’s Working Group on Digital Asset Markets report.
4. David Sacks praised Hines for his contributions, including the Crypto Summit, Genius Act, and Digital Assets Report.
5. Patrick Witt and Harry Jung are noted as successors to continue the council's work.
Description
A top White House crypto strategist exits after steering landmark policies that propelled the U.S. toward global leadership in digital assets, igniting unprecedented industry momentum and competitive advantage. Bo Hines Leaves White House Post, Points to US Progress Toward Global Crypto Lead White House Crypto Council Executive Director Bo Hines announced on the social media
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