Catenaa, Monday, December 23, 2024 – President-elect Donald Trump has appointed Bo Hines, a former college football player and Republican House nominee, as the head of his newly established Presidential Council of Advisers for Digital Assets, also called the “Crypto Council.”
The announcement, made Sunday via Trump’s Truth Social account, underscores his administration’s focus on fostering innovation in the cryptocurrency and digital assets sector.
Hines, who unsuccessfully ran for North Carolina’s 13th congressional district in 2022 and failed to secure the Republican nomination in 2024, will collaborate with tech investor David Sacks, already tasked with overseeing crypto and AI issues.
Trump stated that the pair would ensure growth in the digital asset space and provide necessary resources to industry leaders.
Hines’ political campaigns were notably supported by pro-crypto political action committees, including funds from FTX executive Ryan Salame, who is now serving prison time for financial crimes.
In a related announcement Sunday, Trump named Stephen Miran, a former Treasury Department official, as head of the Council of Economic Advisers. Miran recently criticized financial regulations for stifling innovation in areas like cryptocurrency.
