Bo Hines, who has been working as the White House Crypto Council’s Executive Director, has declared his resignation. On Saturday, he revealed his departure from the White House Crypto Council, where he has operated as a notable figure in shaping the digital asset strategy of the Trump administration.
As per Hines, he is quitting his position to go back to the private sector. Additionally, he also labeled his tenure in the office as a lifetime honor to elevate the United States’ position in the broader crypto industry.
White House Crypto Council Leader Quits to Return to Private Sector
Bo Hines is exiting the White House Crypto Council after working for several months following his appointment as the leader of the Council of Advisers on Digital Assets. While expressing his thoughts on this, Hines appreciated the crypto industry’s role as a consistent supporter in this respect. Now, while leaving his place, he is committed to continuing his services in the private sector.
The resignation comes a few weeks after the release of a new policy report by the White House Crypto Council. The report outlines the recommendations regarding the regulation of the digital asset sector. The respective document deals with crucial areas like taxation, crypto market surveillance, and delivering a roadmap for policymakers and regulators.
GENIUS Act Spurs Stablecoin Oversight Amid Leadership Shift
Back in July 2025, the U.S. President Donald Trump also signed the GENIUS Act, the earliest major piece of legislation dealing with crypto, especially stablecoins. Additionally, David Sacks, the AI czar of the administration and Bo Hines’ close collaborator, venerated his contributions.
He added that the departure of Hines would be a crucial loss to the administration. Nevertheless, he assured the continuation of the work as Harry Jung and Patrick Witt will step up for the implementation of the recommendations of the Council.
