Bo Hines, the head of the White House Crypto Assets Council, will resign to return to the private sector.

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According to Deep Tide TechFlow news on August 10, The Block reported that the United States "President's Advisory Council on Crypto Assets" (, also known as the "Crypto Assets Council" ), Executive Director Bo Hines will resign and return to the private sector.

Hines later confirmed the news on the X platform, stating: "When I return to the private sector, I look forward to continuing to support the thriving Crypto Assets ecosystem in the United States."

According to Terrett, host of the Crypto in America podcast, it is expected that Hines's deputy Patrick Witt will take over his position. Terrett stated that Hines will continue to serve as an advisor, assisting White House AI and Crypto Assets chief David Sacks in carrying out AI-related programs.

Hines was appointed to the position by Trump in December 2024. He had told The Block in April this year that he had already met with more than 150 people from the Crypto Assets industry just three months into his tenure.

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