Beau Hines, a former Republican House candidate, has been appointed by President-elect Donald Trump to serve as Executive Director of the Presidential Council of Advisors for Digital Assets.

According to a post on Truth Social from Trump, Hines will oversee “a new advisory group comprised of prominent figures from the cryptocurrency industry” and will work alongside David Sachs, Trump's choice For the White House AI and Crypto Czar.

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

Hines was the Republican Party's nominee for House of Representatives in North Carolina's 13th District in 2022, but lost the race to Democratic challenger Willie Nickel. During this run, Hines received support from former FTX Digital Markets CEO, Ryan Salama, who... He later went to prison For unrelated violations of campaign finance law, among other charges.

The 29-year-old Hines ran again for the House this year in the state's 6th District, but lost in the primary, finishing fourth among Republican candidates. He doesn't appear to have much of a public history of making comments related to that Bitcoin Or cryptocurrency.

"Thank you, Mr. President! It will be a lifelong honor to serve in your next administration. Thank you for everything you have done and continue to do for our country," Haynes Written on X (formerly known as Twitter) on Sunday. “I am thrilled to be working alongside the amazing David Sachs “To ensure that this industry thrives and remains the cornerstone of technological progress in our country.”

Along with Hines, Trump also appointed former Andreessen Horowitz venture capitalist Sriram Krishnan as a senior advisor for AI policy in the White House Office of Science and Technology Policy. Krishnan, who Leave From the prominent venture capital firm in November, he will also work closely with Sacks.