 
 
After eight months in office, Bo Hines, Trump’s pick last December to lead the Presidential Council of Advisers for Digital Assets, has announced that he will step down from his role and head back to the private sector.
According to journalist Eleanor Terrett, Hines will likely be replaced by his deputy director, Patrick Witt, who currently hosts the Crypto in America podcast. The White House’s top crypto adviser will retain an advisory role to assist the White House AI and Crypto czar, David Sacks, with AI-related projects, Terrett noted.
Hines confirmed the resignation in an X post. “As I return to the private sector, I look forward to continuing my support for the crypto ecosystem as it thrives here in the United States,” Hines stated.
Hines Proposed Accumulation Of BTC Through Budget-Neutral Strategies
Trump’s campaign-trail promises surged toward reality in March when he signed an executive order that creates a strategic Bitcoin reserve and a separate stockpile of other crypto assets. However, the EO did not detail how the US government could purchase more BTC.
During his tenure as head of the crypto council, Bo Hines promoted budget-neutral acquisition techniques, meaning no new taxpayer money would go toward acquiring assets for the reserve.
 
Hines has previously pointed to Trump administration tariffs as a potential way to build federal Bitcoin reserves. He, however, didn’t provide a timeline for when the U.S. government would begin stacking up the first tokens as part of its long-term investment.
Hines also oversaw the release of a landmark 163-page 2025 report outlining policy recommendations for regulating crypto in the United States, including crypto market structure, jurisdictional oversight, banking regulations, promoting US dollar hegemony through stablecoins, and taxation of cryptocurrencies.
Source: https://zycrypto.com/white-house-crypto-chief-bo-hines-steps-down-amid-u-s-bitcoin-reserve-plans/