Breaking: Bo Hines Exits White House Crypto Advisory Role—What’s Next for Digital Asset Policy?

Crypto just lost a key player in D.C. Bo Hines—the GOP rising star turned crypto advocate—has stepped down from his White House advisory role. No reason given. No successor named. Just as regulators circle like sharks.

Was he pushed? Did he jump? Either way, it’s a blow to the industry’s D.C. playbook. Hines was one of the few Republicans bridging the gap between crypto bros and Capitol Hill. Now? The lobbying math just got harder.

Timing couldn’t be worse. With the SEC still swinging its enforcement hammer and Congress dragging its feet on legislation, crypto’s political capital is thinner than a shitcoin’s whitepaper. Hines’ exit leaves a power vacuum—and Wall Street’s old guard is already lining up to fill it.

One thing’s certain: The next appointee better bring thicker skin—and a fatter war chest. D.C. eats idealists for breakfast.

Trump’s digital assets council

Hines, a former congressional candidate from North Carolina, was appointed shortly after Trump took office in January to head a newly formed working group on Bitcoin and digital asset regulation.

This group was tasked with proposing new federal rules, fulfilling Trump’s campaign pledge to overhaul U.S. bitcoin policy.

The working group, including several administration officials, recently outlined the administration’s approach to market-defining digital asset legislation and called for the Securities and Exchange Commission to develop clear regulations for these assets.

Praise from administration officials

David Sacks, the White House AI czar, commended Hines for his work.

In a statement on X, Hines reflected on his tenure:

“Serving in President Trump’s administration and working alongside our brilliant AI & crypto Czar @DavidSacks as Executive Director of the White House Crypto Council has been the honor of a lifetime.”

Stablecoin legislation milestone

Last month, President TRUMP signed the GENIUS Act, establishing a regulatory framework for dollar-pegged stablecoins—digital assets designed to maintain parity with the U.S. dollar.

Hines, who supported the law, had advocated for its passage as a step toward integrating digital assets into everyday financial transactions.

hines’s political ambitions

Hines, who has previously run unsuccessfully for Congress in North Carolina, is expected to remain active in both politics and the private sector following his departure from the White House.