Bo Hines said on 9 Aug 2025 that he is resigning as executive director of the White House Crypto Council, formally known as the Presidential Council of Advisers for Digital Assets, and will return to the private sector. He will stay on as a special government employee to advise White House AI czar David Sacks on artificial-intelligence initiatives, according to people familiar with the matter. Deputy director Patrick Witt is expected to succeed Hines, ensuring continuity at the council just weeks before the administration is due to release further guidance on digital-asset policy. The leadership change comes as the White House seeks to consolidate its approach to cryptocurrencies amid rapid industry growth. Since being appointed in January, Hines has led a cross-agency working group that last month urged the U.S. Securities and Exchange Commission to craft bespoke rules for digital assets. He was also an architect of the GENIUS Act, a law signed by President Donald Trump in July that establishes a regulatory framework for dollar-backed stablecoins.