Bo Hines, the Executive Director of the White House Crypto Council formed under the leadership of President Donald Trump, has announced his resignation effective Saturday, marking his return to the private sector.

Appointed in December 2024 to lead the White House’s crypto advisory board, Hines played a pivotal role in shaping cryptocurrency-related policy discussions at the federal level. During his tenure, he worked closely with industry leaders, policymakers, and innovators to promote the adoption of blockchain technology and support a regulatory framework that encourages innovation while ensuring market integrity.

In his resignation statement, Hines expressed gratitude for the opportunity to serve in the administration and emphasized his unwavering belief in the potential of cryptocurrency to transform the global financial system. He noted that while his role in government is coming to an end, his commitment to advancing the crypto sector will continue through private initiatives and partnerships.

Industry analysts believe Hines’s departure could mark a shift in the White House’s crypto strategy, but his ongoing involvement in the industry may still influence policy from the outside. His move also reflects a growing trend of high-profile government figures transitioning into private-sector roles within the rapidly expanding blockchain and digital asset ecosystem.