President-elect Donald J. Trump announced that Bo Hines will "foster innovation and growth in the digital assets space" as the new Executive Director of the Presidential Council of Advisers for Digital Assets, also known as the "Crypto Council." The statement was made on Truth Social on December 22.

"Bo Hines will be the Executive Director of the Presidential Council of Advisers for Digital Assets," said Trump, 47th President-elect. "Bo will work with David to foster innovation and growth in the digital assets space."

According to Trump's announcement on Truth Social, key appointments were introduced in emerging technology leadership, focusing on digital assets and artificial intelligence. Bo Hines was named Executive Director of the "Crypto Council," chaired by David Sacks, who serves as the council’s "Crypto Czar." The announcement also included Sriram Krishnan’s role as Senior Policy Advisor for Artificial Intelligence.

Donald Trump's Truth post | truthsocial.com

In response to his appointment, Bo Hines wrote in an X post, "Thank you, Mr. President! It will be the honor of a lifetime to serve in your next administration." He added that he looks forward to working with David Sacks "to ensure that this industry will thrive and remain a cornerstone of our Nation’s technological advancement."

The Presidential Council of Advisers for Digital Assets aims to solidify America’s dominance in blockchain technology. Chaired by David Sacks, the council focuses on developing a legal framework for digital assets and promoting them as a cornerstone of national technological advancement, according to BLOCKHEAD.

Hines's background includes being born and raised in North Carolina. He played college football for North Carolina State University before transferring to Yale University to complete his bachelor’s degree. He later earned a law degree from Wake Forest University School of Law and has since become an owner and operator of multiple businesses.