Bo Hines Resigns From White House Crypto Council, Patrick Witt to Lead

The White House’s Crypto Council saw a major shakeup as Bo Hines, former Executive Director, announced his departure. Hines will continue in a special government role focusing on AI projects with David Sacks, White House AI & Crypto lead. Patrick Witt, Hines’ deputy, is expected to take over the Executive Director position upon confirmation. While immediate policy shifts are not yet evident, this transition raises questions about the future of U.S. crypto regulation and its impact on the market.