US President-elect Donald Trump has appointed Bo Hines as the executive director of his Council of Advisers for Digital Assets, also known as the 'Crypto Council.'
Hines' role will involve fostering innovation and growth in the digital assets space and positioning the US as a key player in the industry.
The Crypto Council aims to strengthen relations between the US government and the crypto industry, reflecting Trump's dedication to supporting the digital assets market.
These appointments signify a potential shift to a more favorable regulatory environment for cryptocurrencies under the Trump administration.