Bo Hines Resigns as White House Crypto Council Executive Director

Bo Hines has stepped down from his role as executive director of the White House crypto Council after less than a year in the position. His departure marks a return to the private sector, though he leaves behind a legacy of advancing U.S. leadership in digital assets.

"Serving in President Trump’s administration and working alongside our brilliant AI & Crypto Czar [David Sacks] has been the honor of a lifetime," Hines stated in a social media post. Under his tenure, the administration positioned the U.S. as the global leader in cryptocurrency innovation.

The announcement follows the release of a comprehensive regulatory report by President Trump’s Working Group on Digital Assets, which Hines helped shape. The report outlines key recommendations on market structure, banking access, and tax policy—critical pillars for crypto’s institutional adoption.