Trump Appoints Bo Hines to Presidential Crypto Council

Forex - Former President Donald Trump announced that he has appointed Bo Hines as the executive director of the presidential cryptocurrency council. Trump wrote on Truth Social: "In his new role, Bo will work alongside David Sacks to promote innovation and growth in the digital assets space and ensure that industry leaders have the resources they need to succeed. Together, they will create an environment in which this sector can thrive and continue to be a cornerstone of our nation's technological advancement." In 2022, Trump supported Hines for a House seat representing North Carolina's 13th District. However, Hines lost to Democrat Wiley Nickel, despite receiving support from another crypto advocate figure, former FTX Digital Markets CEO Ryan Salame.