Former college football player and Republican U.S. House candidate Bo Hines has been named executive director of the Presidential Council of Advisors for Digital Assets by incoming President Donald Trump.

Dubbed the “Cryptocurrency Council,” Hynes will work alongside tech and AI entrepreneur and cryptocurrency czar David Sachs to create a regulatory framework for the digital asset sector, Trump confirmed in his December 22 Social Truth letter. mail.

specific Last month, as Trump's AI and Cryptocurrency Director, David Sachs will chair the newly formed Cryptocurrency Council, which is charged with shaping digital asset policies, collaborating with Congress on regulatory frameworks, creating a Bitcoin reserve, and coordinating efforts with key agencies like the Securities Commission. Financial and Exchange Commission, Commodity Futures Trading Commission (CFTC), and U.S. Securities and Exchange Commission (CFTC). And the treasury.

Trump wrote that Sachs & Heinz — both seen as strong advocates for the cryptocurrency industry — is expected to drive innovation, create growth opportunities, and ensure industry leaders have the tools to thrive in the evolving digital economy, adding:

“Together they will create an environment in which this industry can thrive and remain a cornerstone of our country’s technological advancement.”

On December 23 mailHaynes expressed his excitement about taking on the new role, calling it “the honor of a lifetime.”

The cryptocurrency community has largely welcomed Haynes' appointment with optimism, viewing it as a positive step toward regulatory clarity and industry growth. Notable figures, including MicroStrategy Michael Saylor Cardano founder Charles Hoskinson publicly congratulated Hines. see below.

Hines ran for House this year in North Carolina's 6th District, but failed in the Republican primary, finishing fourth among the candidates. In his previous attempt in 2022, Hines ran for North Carolina's 13th District but narrowly lost to Democrat Wiley Nickel in the general election.

The former football player has also received support from influential pro-crypto political action committees, including the American Dream Federal Action super PAC. Additionally, during his 2022 congressional campaign, he was Supported By former FTX CEO Ryan Salama, who is currently serving time for campaign finance violations.

Hynes' appointment reflects Trump's ongoing strategy of surrounding himself with pro-crypto allies as he builds his new administration. This approach is consistent with his previous approach nomination From former SEC Commissioner Paul Atkins, a well-known advocate for clearer cryptocurrency regulations, to replace outgoing SEC Chairman Gary Gensler, whose tenure was marked by regulatory uncertainty, frequent lawsuits, and aggressiveness. Enforcement actions Against the crypto industry.