Trump Officially Names Candidate for White House Crypto Council

Former U.S. President Donald Trump has tapped Bo Hines to lead the Presidential Council of Advisors for Digital Assets, informally dubbed the "Crypto Council."

Announced on Truth Social, the move highlights Trump’s focus on bolstering digital asset innovation and regulation.

Hines, known for his college football career and a failed congressional bid in North Carolina, brings ties to pro-crypto political groups. His appointment signals a push to align industry resources with government policy.

Trump emphasized Hines’ collaboration with David Sacks, a key figure in the administration’s digital asset and AI initiatives, to foster a supportive environment for the sector’s growth.

Additionally, Trump has expanded his economic team, naming Stephen Miran as the head of the Council of Economic Advisers.

Miran, a former Treasury official and vocal critic of restrictive financial regulations, has argued that excessive oversight stifles economic and technological progress, particularly within the crypto ecosystem. This reshuffle reflects a broader strategy to integrate digital asset advancements into U.S. economic policy.