- Bo Hines leaves CEO post, remains government advisor for AI/crypto.
- Patrick Witt, former deputy, takes over as council chief executive.
- Major achievements include co-authoring a Senate crypto market bill.
President's Council on Digital Assets (Crypto Council) CEO Bo Hines has announced his resignation, returning to the private sector after being appointed by Donald Trump in December 2024.
Hines, who previously worked at a growth equity firm, will remain as a special government advisor and continue working alongside AI "crypto czar" David Sacks on key initiatives. His deputy, Patrick Witt, now becomes the council's chief executive.
“Serving in President Trump’s administration and working alongside our brilliant AI & Crypto Czar @DavidSacks as Executive Director of the White House Crypto Council has been the honor of a lifetime. Together, we have positioned America as the crypto capital of the world,” Hines stated.
During his tenure, Hines co-authored a landmark bill with Senators Cynthia Lummis and Tim Scott shaping federal crypto market structure, confirmed the administration’s interest in building a national Bitcoin reserve, and coordinated strategic actions for digital asset innovation. Witt, a Pentagon veteran, is tasked with continuing these efforts and guiding the council’s legislative priorities through the coming months.
Conclusion
Bo Hines’s legacy as Crypto Council CEO includes major legislative advances and strategic infrastructure for U.S. digital assets. As Patrick Witt steps up, stakeholders can expect the council to maintain its focus on forward-looking crypto and AI policy, working to keep America at the forefront of the global digital economy. Hines’s advisory role signals continued industry influence as public and private sectors collaborate on innovation.
