Bo Hines Resigns as White House Crypto Advisor, Transitioning to Private Sector

The White House Crypto Council has announced Bo Hines’ resignation, effective August 9, 2025. Hines will be transitioning back to the private sector after leading the council since President Trump’s administration. The transition comes amidst a period of expected policy continuity with Patrick Witt, Hines’ deputy, assuming leadership. While Hines’ departure may impact US crypto policy, especially its regulatory framework for stablecoins and national Bitcoin reserve plans, market stability remains largely unaffected.