White House Crypto Council Director Bo Hines Departs for Private Sector, Raising Questions on U.S. Crypto Strategy Momentum

Bo Hines, the director of the White House's Presidential Council of Advisers for Digital Assets, has stepped down less than a year after his December 2024 appointment. His departure marks a significant shift in the TRUMP administration's push to establish the U.S. as a global blockchain hub.

Hines, who worked closely with David Sacks, the administration's AI & crypto Czar, played a pivotal role in crafting the recently published strategic report on digital assets. His exit, attributed to a return to the private sector, leaves a leadership vacuum at a critical juncture for U.S. crypto policy.

Patrick Witt, the current deputy director, is widely expected to succeed Hines, though no official confirmation has been made. The move comes as markets watch for signs of sustained institutional commitment to cryptocurrency adoption.