Bo Hines, director of the White House crypto advisory group, steps down.

Hines said he is leaving the crypto advisory group to rejoin the private sector but will continue to support the cryptocurrency industry.

Bo Hines, the executive director for the White House Crypto Council, announced he is stepping down on Saturday.

Hines said he is stepping down to rejoin the private sector and thanked the crypto community for its “unwavering” support. He wrote on Saturday:

Although a successor has not yet been named, independent crypto reporter Eleanor Terrett said that Hines’ deputy director of the advisory group, Patrick Witt, will likely be appointed to the position. 

Read more