Bo Hines resigns as White House Crypto Council Director, shifts to AI role, with Patrick Witt ensuring continued pro-crypto policy momentum.
In a significant leadership change for the U.S. cryptocurrency agenda, Bo Hines announced his resignation as Executive Director of the White House Crypto Council on Saturday, August 9, 2025. Appointed in December 2024, Hines held the role for eight months. His appointment focused on ambitious projects and important policies to support pro-crypto ideas.
Bo Hines Shifts to AI Role After White House Crypto Council Exit
Hines will not be completely leaving the field of public service. He will be retained as a special government employee to work on projects in artificial intelligence. He will be collaborating very closely with AI and Crypto Czar David Sacks to develop strategic initiatives to connect crypto and AI. Deputy Director Patrick Witt will succeed the leadership of the council, and this implies that there will be no change in the policy direction.
In a post on X, Hines thanked those who wished him luck in serving in the administration of President Trump and wrote that it was “the honor of a lifetime.” He commended the leadership of David Sacks and attributed their combined effort to establishing the United States as the crypto capital of the world. His remark signified that the administration had an opinion that blockchain innovation should be at the center of economic development.
Under Hines, a wide-ranging 166-page Digital Assets Report was published in July 2025. The report suggested a regulatory regime that is market-friendly regarding taxation, banking regulations, and crypto regulation. It was universally lauded for being clear and ambitious, presenting certain suggestions that those in the industry felt could be beneficial in aiding the U.S. to attract investment and further consolidate its place in the global crypto markets.
The GENIUS Act (signed into law by President Trump in July 2025) was another bill supported by Hines. The law provided the first regulatory framework for stablecoins in the U.S. It sought to provide stability to the stablecoins to use in everyday transactions, providing legal certainty and stimulating innovation. This was considered by industry analysts as a very essential move in the mainstream adoption of digital assets.
Related Reading: Deaton Says GENIUS Act Favors ETH, RLUSD, and USDC
Sacks Credits Hines for Major Crypto Achievements
One of Hines’ more ambitious proposals was the creation of a national Bitcoin strategic reserve. His plan implied fiscal-neutral options, including repricing U.S. gold reserves to get Bitcoin. Although the proposal was debatable and inspiring, its actualization was slower than expected by some of its proponents. However, it also pointed out the administration’s readiness to explore non-traditional financial measures.
David Sacks lauded Hines’ contributions, stating on X, “Thank you, Bo Hines, for doing an amazing job with the first-ever Crypto Council. Huge accomplishments with the Crypto Summit, GENIUS Act, and Digital Assets Report.” Sacks expressed confidence in Patrick Witt and Harry Jung, a senior policy adviser at the CFTC. In addition, both are likely to support the Clarity Act, which aims to further clarify the U.S. crypto regulatory framework.
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There is the view that the appointment of Patrick Witt is a step toward continuity and stability. His experience in policy, defense, and capital management could be beneficial in reinforcing the transparency of regulations and promoting innovation. Observers believe the change will maintain the administration’s pro-crypto agenda. Furthermore, it will broaden focus on integrating AI into financial systems.
The response of the crypto community has been optimistic. Some of the proponents attribute the successful establishment of blockchain leadership in America to Hines. His departure closes one phase, but the new leadership plans to continue his work. As a result, the council is positioned to keep the U.S. leading in digital asset development with established policy frameworks and ongoing AI cooperation.
