Just In: Bo Hines Exits White House Crypto Role: Successor Named Amid Big Shift
The post Just In: Bo Hines Exits White House Crypto Role: Successor Named Amid Big Shift appeared on BitcoinEthereumNews.com.
TLDR Bo Hines will leave his role as head of the Presidential Council of Advisers for Digital Assets. Patrick Witt is expected to replace Bo Hines as the leader of the White House crypto council. Bo Hines confirmed his departure in a statement on X and thanked the crypto community for its support. He will continue as an adviser to assist David Sacks with AI-related initiatives. Patrick Witt has previously served in senior government roles and has no direct work history in the crypto industry. Bo Hines will leave his position as head of the Presidential Council of Advisers for Digital Assets this month. Journalist Eleanor Terrett reported that Hines will transition back to the private sector after nearly eight months in the role. Patrick Witt, his deputy, is expected to assume the position. SCOOP: @BoHines, Executive Director of the White House Crypto Council, is stepping down to return to the private sector. Hines, who previously worked as a partner at a growth equity firm before joining the Trump administration, will remain on as a special government employee… — Eleanor Terrett (@EleanorTerrett) August 9, 2025 Hines confirmed his departure in a post on X, saying, “As I return to the private sector, I look forward to continuing my support for the crypto ecosystem.” He will remain an adviser to assist White House AI and Crypto czar David Sacks with AI-related initiatives. President Trump appointed Hines to the role in December 2024. During his tenure, Bo Hines said he met with 150 industry leaders within his first three months. He described his office as “an administrator and/or sherpa between White House policy, industry, interagency activity and Capitol Hill.” His efforts focused on strengthening ties between policymakers and the digital assets sector. Serving in President Trump’s administration and working alongside our brilliant AI & Crypto…
Filed under: News - @ August 10, 2025 12:22 am