White House Crypto Adviser Bo Hines Steps Down

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Bo Hines, the White House’s crypto adviser, has announced his departure from President Donald Trump’s administration, signaling his return to the private sector.

In a post on social media platform X on Saturday, Hines described his time in the role as “the honor of a lifetime,” praising his work alongside Artificial Intelligence and Crypto Czar David “Serving in President Trump’s administration and working alongside our brilliant AI and Crypto Czar David Sacks as Executive Director of the White House Crypto Council has been the honor of a lifetime,” Hines wrote. “Together, we have positioned America as the crypto capital of the world. I’m deeply grateful to the industry for its unwavering support. I love this community and all we’ve built together. As I return to the private sector, I look forward to continuing my support for the crypto ecosystem as it thrives here in the United States.”Sacks.

Hines, a former Republican House candidate, was appointed late last year to lead the administration’s Council of Advisers on Digital Assets. Under his leadership, the council focused on shaping policy to ensure the U.S. maintains its competitive edge in the global cryptocurrency market.

Just last month, the White House Crypto Council released a detailed 166-page report outlining policy recommendations for digital asset regulation. The report included proposals on taxation, banking rules, and broader crypto oversight, offering lawmakers a framework for long-term stability and innovation in the sector.

In July, President Trump signed the GENIUS Act, his first major legislation in the field, which established regulatory guidelines for stablecoins. The move was widely regarded in the crypto industry as a key step toward clearer and more predictable rules for digital currency markets.

David Sacks, the White House’s artificial intelligence czar, praised Hines for his leadership and vision. “We’re sorely going to miss Bo, but fortunately, we have a deep bench at the White House, with Patrick Witt and Harry Jung ready to step up and implement the Crypto Council’s recommendations and help us get the Clarity Act passed,” Sacks wrote on X.

Hines’ next steps in the private sector have not yet been announced, but his continued involvement in the crypto industry appears certain.