Bo Hines Resigns From Trump’s Digital Asset Council, Impacting U.S. Bitcoin Policy

Former Executive Director Bo Hines has resigned from President Trump’s Digital Asset Council after eight months, leading to potential shifts in federal Bitcoin policy and regulatory engagement. Hines played a key role shaping U.S. digital asset policy, which focused on reducing regulations and promoting blockchain innovation, but his departure may slow down initiatives related to Bitcoin reserves. His replacement, Patrick Witt, will now lead the council’s work on these initiatives. While no market impact has been seen yet, the resignation could lead to temporary uncertainties regarding future federal-level Bitcoin policies.