Trump Picks Bo Hines to Lead Presidential Crypto Council

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

According to a Truth Social post from Trump, Hines will oversee a “new advisory group made up of crypto industry celebrities” and work with David Sacks, 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, while ensuring industry leaders have the resources they need to succeed,” Trump posted. “Together, they will create an environment where this industry can thrive and remain a cornerstone of our nation’s technological progress.”

Hines was Trump’s 2022 endorsed Republican House candidate in North Carolina’s 13th District, but lost the race to Democratic rival Wiley Nickel. During that race, Hines received support from former FTX Digital Markets CEO Ryan Salame, who later went to prison for unrelated campaign finance law violations, among other charges.

Hines, 29, ran again this year for the House of Representatives in the state’s 6th District, but lost in the primary and finished fourth among Republican candidates. He does not appear to have any substantial public history of making comments regarding Bitcoin or cryptocurrency.

“Thank you, Mr. President! It will be the honor of a lifetime to serve in your next administration. Thank you for all you have done and will continue to do for our country,” Hines said. wrote on X (formerly known as Twitter) on Sundays. “I’m thrilled to be working with the brilliant David Sacks to ensure that this industry will thrive and remain a cornerstone of our country’s technological progress.”

In addition to Hines, Trump also appointed former Andreessen Horowitz venture capitalist Sriram Krishnan as senior policy advisor for artificial intelligence in the White House Office of Science and Technology Policy. Krishnan, who left from the leading VC firm in November, will also work closely with Sacks.