– Bo Hines resigns as Trump White House Crypto Council head, returning to private sector after shaping U.S. crypto policy and drafting regulatory frameworks.
– His tenure saw progress on crypto regulations and the GENIUS Act but faced criticism for unmet goals on federal Bitcoin reserves due to budget constraints.
– Deputy Patrick Witt, lacking crypto sector experience, will succeed Hines as the council navigates a pro-crypto administration agenda and evolving regulatory clarity.
– Hines’ exit coincides with a Bitcoin price rebound and broader policy shifts, including 401(k) crypto access, signaling a business-friendly regulatory environment.
