Trump has chosen Bo Hines to lead the President’s Crypto Council

Bo Hines, a former Republican candidate for the House of Representatives, has been appointed executive director of the President's Council of Digital Assets Advisors by President Donald Trump.

In Trump's truly social post, Hines will oversee a “new advisory group made up of crypto industry luminaries” and work alongside David Sachs, Trump's pick for White House AI and crypto czar.

In his new role, Bo will work with David to drive innovation and growth in the digital assets space, ensuring industry leaders have the resources they need to succeed. It can flourish and continue to be the cornerstone of our nation's technological development.”

Hines in 2011. He was a Trump-backed Republican House candidate in North Carolina's 13th district in 2022, but lost the race to Democratic challenger Willie Nickell. During that race, Hines had the support of former FTX Digital Markets CEO Ryan Salame, but he was later jailed for unrelated campaign finance law violations and other charges.

Hines, 29, ran for the House in the state's 6th District this year, but lost in the primary, finishing fourth among Republican candidates. He doesn't appear to have a large public history of making comments related to Bitcoin or cryptocurrency.

“Thank you Mr. President! It will be the honor of a lifetime to serve in your next administration. Thank you for everything you have done and thank you for everything you are doing for our country,” Hines wrote on X (formerly known as Twitter). Sunday. “I am very happy to work with the wonderful David Sachs This is to ensure that this industry develops and continues to be the cornerstone of our country's technological development.

Alongside Hines, Trump named former Andreessen Horowitz venture capitalist Sriram Krishna as senior policy adviser on artificial intelligence in the White House Office of Science and Technology Policy. Krishnan, who exited the prominent VC firm in November, will work closely with Sachs.