Former college football player and Republican candidate for the United States House of Representatives Bo Hines has been appointed executive director of the Presidential Council of Advisers for Digital Assets by new President Donald Trump.
Dubbed the “Crypto Council,” Hines will work with tech entrepreneur and artificial intelligence and cryptocurrency czar David Sacks to create a regulatory framework for the digital assets sector, Trump said in a March 22 Truth Social post. December confirmed.
David Sacks was named Trump’s AI and crypto czar last month and will lead the newly formed Crypto Council. His job is to shape digital asset policy, work with Congress on regulatory frameworks, establish a Bitcoin reserve, and coordinate efforts with key agencies such as the SEC and CFTC and the Treasury Department.
Sacks and Hines – both considered staunch supporters of the crypto industry – are expected to drive innovation, create growth opportunities and ensure industry leaders have the tools they need to succeed in an evolving digital economy, Trump wrote and added:
“Together, they will create an environment in which this industry can thrive and remain a cornerstone of our nation’s technological advancement.”
In a Dec. 23 X post, Hines expressed his excitement about taking on the new role, calling it an “honor of a lifetime.”
The crypto community has largely welcomed Hines’ appointment with optimism, seeing it as a positive step towards regulatory clarity and industry growth. Prominent figures, including MicroStrategy’s Michael Saylor and Cardano founder Charles Hoskinson, have publicly congratulated Hines. See below.
