US President Donald Trump will speak as executive director of Crypto Emperor David Sachs, US Treasury Secretary Scott Bescent, US Secretary of Commerce Howard Lutnik and Presidential Advisor to Digital Asset Advisor.
Evelyn Hockstein |Reuters
Bo Hines doesn’t have a professional background in Crypto. He received his law degree from Wake Forest three years ago. He has run for North Carolina’s Legislature twice.
The 29-year-old former footballer is now in his second month as one of President Donald Trump’s crypto agenda leaders.
“We are on track on our way to fulfill our president’s promises to welcome us in a golden age of digital assets,” Hines told CNBC in an interview this week. “And we’ll make America the capital of the Earth’s code.”
Hines repeats the high-level message Trump has been making when he became a clear choice to run the country since the declining months of his campaign last year. Hines works for former venture capitalist David Sachs. David Sachs has made Trump the first White House AI and Crypto Czar.
Hines said he and the bag were working “glove hands” to not only rewire the crypto regulations but also to do so quickly.
“The president gave us the authority to do that,” Hines said. “He trusts his advisor.”
Hines played wide receiver for the North Carolina football team and said his interest in digital assets began back to 2014 when he played in the Bitcoin St. Petersburg Bowl, sponsored by Bitpay. North Carolina beat Central Florida University with a game touchdown, with Hines catching three passes.
Hines went to Wake Forest to pursue a law degree. He investigated regulatory issues related to crypto and became a retail investor. He then turned his attention to public office and lost his campaign for Congress in 2022 and 2024.
But along the way, in the 2022 primary, Hines won Trump’s support. In a news release for his Save America PAC, Trump called the candidate “a proven winner on and off the field.”
In late 2024, Hines was tapped by President Trump to lead the Advisory Council on Digital Assets. Now he is tasked with helping to pilot the national crypto strategy under the bag with a promise of “moving at high tech speed.”
Hines said much of the group’s early research focused on dismantling what industry insiders call “Operation Chalk Point 2.0.” That’s how they refer to allegations of crackdown by digital asset company Legacy Bank.
“They have been victims of the law for the past four years,” Hines said, referring to the Biden administration. “These are people who are nothing but helping our American economy grow.”
On March 24th, the group hit a 60-day milestone and will provide the first set of recommendations. Although Hines was light in detail, he previewed a variety of ideas under consideration, from proposals to discarding and rewriting the outdated IRS rules to build a “strategic Bitcoin reserve” through the purchase of “budget-neutral”;
“We consider Bitcoin to be digital gold,” he said. “I want as much as I can for the Americans,” he said. “And that doesn’t cost taxpayers a single dime.”
Hines is R-Wyo. It brought one idea to the Bitcoin Act introduced by Senator Cynthia Ramis.
“There are so many creative ways we can get in,” he said.
Hines added that, like a bag, he was sold entirely from the code, but refused to say whether others in the working group would follow suit.
“I can speak only for our office,” he said.
However, Hines said he is not concerned about Trump’s own crypto-related financial entanglement, which could lead to a very clear conflict of interest. Trump and his family have launched several memokines, digital collectibles, and a crypto bank that has not yet been announced.
“He worked with those assets before he took office,” Hines said. Trump Memecoin was featured over the inauguration weekend. “He is an American citizen. He has the right to work in any market he desires.”
Hines praised the Hesterpearth Committee, who was tapped to lead the leadership of the new Cryptocratic Task Force and Commodity Futures Trade Commission. Regulators have already said they will “change to the ground” from abandoning the lawsuit to rewriting enforcement rules.
He also looks at the council. There, a bipartisan Senate committee recently pushed forward the move of Hines, known as the “monumental.”
“Stubcoin can guide control of the US dollar over the next few decades,” he said. “It could change the course of how financial markets work.”
Watch: David plunders people from the tech industry to Washington
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