Nikolas Sargeant
Bo Hines, the Executive Director of the White House Crypto Council, announced his resignation on Saturday, marking a significant transition in the Trump administration's cryptocurrency leadership. Hines cited his decision to return to the private sector while expressing gratitude to the crypto community for their support during 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. Together, we have positioned America as the crypto capital of the world. I’m…
— Bo Hines (@BoHines) August 9, 2025
In his departure announcement, Hines praised his collaboration with AI & Crypto Czar David Sacks, stating that serving in President Trump's administration had been "the honor of a lifetime." He emphasized the administration's achievements in positioning America as what he called "the crypto capital of the world," highlighting the strategic importance placed on cryptocurrency policy during his leadership.
While no official successor has been announced, crypto industry sources suggest that Patrick Witt, currently serving as deputy director of the advisory group, is likely to be appointed to fill Hines' position. This potential transition would maintain continuity within the White House crypto policy framework as the administration continues its focus on digital asset regulation and innovation.
The resignation comes at a crucial time for cryptocurrency policy in the United States, as the Trump administration has positioned itself as notably crypto-friendly compared to previous administrations. The timing coincides with ongoing developments in the administration's broader crypto regulatory framework, making Hines' departure particularly significant for the industry. While his resignation raises questions about the future direction of federal crypto policy, the expected appointment of his deputy suggests the administration intends to maintain its current trajectory on digital asset issues.
