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Trump appoints two crypto fanatics into advisory team

By Oluwaseun Akingboye
23 December 2024   |   10:15 am
United States of America President-elect, Donald Trump, has iterated his commitment to economic recovery through cryptocurrency, unveiling two major appointments to his economic advisory team next month. In his X handle earlier today, Trump announced the appointment of a former college football player and cryptocurrency enthusiast, Bo Hines, as the Executive Director of the Presidential…
US President-elect Donald Trump gestures as he attends a meeting with House Republicans at the Hyatt Regency hotel in Washington, DC on November 13, 2024. (Photo by Allison ROBBERT / AFP)

United States of America President-elect, Donald Trump, has iterated his commitment to economic recovery through cryptocurrency, unveiling two major appointments to his economic advisory team next month.

In his X handle earlier today, Trump announced the appointment of a former college football player and cryptocurrency enthusiast, Bo Hines, as the Executive Director of the Presidential Advisory Council on Digital Assets.

He has identified with the crypto community since he declared intentions to reconnect the election in 2022, and has hitherto been making favourable policy statements to the crypto investment community.

While addressing the Bitcoin Conference in Nashville in July, he said he would turn the United States into the “crypto capital of the planet and the superpower of the world” if elected the 45th President of the country.

According to Trump, Hines’ appointment and several others would enhance a conducive environment for the technology sector to further be a catalyst for the country’s development and growth.

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“Additionally, Bo Hines will be the Executive Director of the Presidential Council of Advisers for Digital Assets (the “Crypto Council”), a new advisory group composed of luminaries from the Crypto industry, and chaired by our Crypto Czar, David Sacks,” he said.

“Bo is a graduate of Yale University, and Wake Forest University Law School. In his new role, Bo will work with David to foster innovation and growth in the digital assets space, while ensuring industry leaders have the resources they need to succeed.

“Together, they will create an environment where this industry can flourish, and remain a cornerstone of our Nation’s technological advancement.”

He stressed that the Republican Candidates for North Carolina’s 13th District, Hines, and David Sacks, who got appointed recently to head crypto and artificial intelligence (AI) at the White House, would make America great again.

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