President-elect Donald Trump has appointed Bo Hines as the executive director of the Presidential Council of Advisers for Digital Assets. Hines will work with David Sacks, the PayPal co-founder and the US government's AI and crypto czar, to promote innovation and growth in the digital assets space. Trump had previously mentioned the establishment of a US crypto council during a conference in July and stated that its task of designing crypto regulatory guidance would be completed in 100 days. This move showcases Trump's continued engagement with the cryptocurrency industry. Congratulations for Hines came from leaders of crypto companies, including MicroStrategy and Marathon Digital.



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