White House Advisor for Cryptocurrency, Bo Hines, Resigns from Position
Former White House Crypto Council Executive Director Bo Hines Steps Down, Takes Role at Tether
Bo Hines, the former Executive Director of the White House Crypto Council under President Donald Trump, has stepped down from his role in early August 2025 after just seven months to return to the private sector. The current Executive Director of the White House Crypto Council has not been publicly disclosed.
During his tenure, Hines was a strong advocate for crypto innovation and regulatory clarity. He played a key role in advancing initiatives aimed at fostering innovation in digital assets, developing regulatory clarity, particularly around stablecoins, and building collaboration between government and blockchain industry stakeholders.
Hines supported legislation like the CLARITY Act, considered vital to securing the future of the $4 trillion U.S. crypto market. He emphasized that a strong regulatory framework would promote responsible innovation while protecting consumers.
Regarding Central Bank Digital Currencies (CBDCs) and strategic bitcoin reserves, no explicit statements from Hines or the White House Crypto Council’s new leadership were found in the search results. However, Hines expressed optimism about stablecoins as a tool to modernize payments and enhance financial inclusion, suggesting a favorable view of certain digital asset innovations, though not directly about CBDCs. No explicit stance on strategic bitcoin reserves was found in the available information.
Since leaving his role, Hines has joined Tether as a strategic advisor for U.S. strategy, reflecting a continued focus on responsible innovation and regulatory compliance within stablecoins and digital assets. Hines also proposed revaluing gold holdings as a means to acquire a strategic bitcoin reserve through budget-neutral means like asset seizures.
As of now, the details about the new Executive Director's policies, including their stance on CBDCs and strategic bitcoin reserves, are not publicly available.
Here's a summary of Bo Hines' tenure as Executive Director of the White House Crypto Council:
| Aspect | Bo Hines / Former White House Crypto Council (Executive Director) | Current Director | |----------------------------|----------------------------------------------------------------------------|--------------------------------------| | Identity | Bo Hines (stepped down August 2025) | Not publicly disclosed | | Crypto Policy Stance | Pro-innovation, regulatory clarity, support of market-structuring bills | Unknown | | Central Bank Digital Currencies (CBDCs) | No explicit public stance found | Unknown | | Strategic Bitcoin Reserves | No explicit public stance found | Unknown |
More information about the new Executive Director's policies is expected to be released in due course.
Sources: 1. Unchained Daily newsletter 2. Fox Business (Eleanor Terrett) 3. Various news outlets
Note: This article is an excerpt from the Unchained Daily newsletter.
- Given Bo Hines' focus on fostering innovation in digital assets and advocating for regulatory clarity, particularly around stablecoins, it is likely that he will continue to advocate for such causes in his new role at Tether.
- As the new Executive Director of the White House Crypto Council has not been publicly disclosed, it remains unclear how their policies on finance, business, politics, and general-news related to cryptocurrencies will compare to Bo Hines' pro-innovation, regulatory clarity stance.
