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Bo Hines Steps Down as Executive Director of White House Crypto Council

His departure opens the way for deputy director Patrick Witt to lead the council, preserving the administration’s pro-crypto agenda.

Overview

  • Bo Hines announced his resignation after eight months at the helm, returning to the private sector.
  • He will remain on a part-time basis as an adviser on AI policy under AI & Crypto czar David Sacks.
  • Patrick Witt, who also heads the Defense Department’s Office of Strategic Capital, is expected to assume leadership immediately.
  • Under Hines’s tenure, the council advanced the GENIUS Act for stablecoin regulation and released a comprehensive 166-page digital assets report.
  • Established by executive order in January, the council has coordinated interagency crypto policy and logged over 150 stakeholder meetings.