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On Tue, 24 Dec, 12:02 AM UTC
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Donald Trump Taps Bo Hines for Top Role in Presidential Crypto Council
Trump named Sriram Krishnan as a senior policy advisor for AI at the White House. President-elect Donald Trump has appointed Bo Hines as executive director of the newly established Presidential Council of Advisers for Digital Assets, also known as the "Crypto Council." In this capacity, Hines will work alongside David Sacks, the newly appointed "crypto an AI czar," to promote innovation and development in emerging industries. A New Focus on Digital Assets and AI The Crypto Council and an AI-focused advisory body are among the first major initiatives under the incoming administration to address the challenges posed by emerging technologies. The council's mission will be to foster innovation while ensuring the crypto industry has the resources and regulatory support to succeed. Trump has emphasized that the U.S. should be a global leader in technological advancement, and these new councils are central to that vision. In a statement, Trump highlighted that Hines would work with Sacks to "create an environment where the crypto industry can flourish" and help establish the sector as a cornerstone of the nation's technological infrastructure. This initiative is seen as a response to years of regulatory confusion and missed opportunities under the previous administration. In addition to the Crypto Council, Trump has appointed Sriram Krishnan as senior policy advisor for AI at the White House Office of Science and Technology Policy. Krishnan will work alongside Sacks to establish a regulatory framework for the AI industry, helping to shape policy across various government departments. Bo Hines Bo Hines, who has been tapped to lead the Crypto Council, is relatively new to the political scene. A former college football player, Hines made his first bid for public office in 2022, running for a U.S. House seat in North Carolina. Despite securing Trump's endorsement, Hines lost to Democrat Wiley Nickel. Though his political career is still in its early stages, Hines has gained backing from a variety of sources, including the pro-crypto PAC American Dream Federal Action Super and the now-jailed former CEO of FTX, Ryan Salame. His selection for the position signals Trump's intent to appeal to younger, tech-savvy voters, particularly those within the crypto space. While Hines has not made any public statements outlining his specific stance on cryptocurrency, his appointment underscores the administration's commitment to positioning the U.S. as a leader in the digital asset market. With his relative inexperience, Hines brings a fresh perspective, and his role in the council will be crucial as the U.S. navigates the future of digital currencies and blockchain technology.
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Trump announces slate of tech appointments, 'crypto council'
President-elect Trump announced a slate of tech appointments in posts on his Truth Social platform on Sunday. "I am pleased to announce the brilliant Team that will be working in conjunction with our White House A.I. & Crypto Czar, David O. Sacks," Trump said on Truth Social. "Together, we will unleash scientific breakthroughs, ensure America's technological dominance, and usher in a Golden Age of American Innovation!" In his posts, the president-elect said that his pick for White House Office of Science and Technology Policy (OSTP) director is Michael Kratsios and his pick for the President's Council of Advisors for Science and Technology (PCAST) executive director and OSTP director's counselor is Lynne Parker. Kratsios spent time in the previous Trump administration as the president-elect's chief technology officer. He was also tapped to be the acting undersecretary of Defense for research and engineering during the president-elect's last time in the White House. According to a biography on the University of Tennessee, Knoxville's website, Parker serves as the school's associate vice chancellor. The biography also states that as a part of the OSTP between 2018 and 2022, Parker headed up national policy efforts focused on artificial intelligence (AI) in various roles including U.S. deputy chief technology officer. Trump also said the Presidential Council of Advisers for Digital Assets or "the 'Crypto Council,'" which he described as "a new advisory group composed of luminaries from the Crypto industry" will have an executive director in Bo Hines. Hines is a former college football player and former GOP House candidate that lost a race to Rep. Wiley Nickel (D-N.C.) in 2022. Trump also said on Truth Social Sunday that his pick for OSTP senior policy advisor is Sriram Krishnan, adding that he "will focus on ensuring continued American leadership in A.I." According to his website, Krishnan is "an engineer and investor," who was at investor Andreessen Horowitz as a general partner. He describes himself as centering his "time these days on working with entrepreneurs and with governments on AI."
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President-elect Donald Trump unveils a slate of tech appointments, including the formation of a 'Crypto Council' and key positions in AI policy, signaling a strong focus on emerging technologies in his upcoming administration.
President-elect Donald Trump has announced a series of high-profile appointments aimed at positioning the United States as a leader in emerging technologies, with a particular focus on cryptocurrency and artificial intelligence (AI). These appointments signal a significant shift in the incoming administration's approach to tech policy and regulation 12.
At the forefront of Trump's tech initiatives is the establishment of the Presidential Council of Advisers for Digital Assets, colloquially known as the 'Crypto Council'. This new advisory group will be led by Bo Hines, who has been appointed as its executive director 12.
Bo Hines, a former college football player and GOP House candidate, brings a fresh perspective to the role despite his relative political inexperience. His appointment suggests Trump's intent to appeal to younger, tech-savvy voters and underscores the administration's commitment to fostering innovation in the digital asset market 1.
In a move to solidify America's position in AI development, Trump has appointed Sriram Krishnan as senior policy advisor for AI at the White House Office of Science and Technology Policy (OSTP). Krishnan, an engineer and investor with experience at Andreessen Horowitz, will focus on ensuring continued American leadership in AI 2.
Additionally, Michael Kratsios, who served as chief technology officer in the previous Trump administration, has been tapped to lead the OSTP. Lynne Parker, with her extensive background in national AI policy efforts, will serve as the executive director of the President's Council of Advisors for Science and Technology (PCAST) and as counselor to the OSTP director 2.
Central to Trump's tech strategy is David Sacks, who has been appointed as the "crypto and AI czar." Sacks will work alongside Bo Hines and other appointees to promote innovation and development in these emerging industries. Trump emphasized that this collaboration aims to "create an environment where the crypto industry can flourish" and establish the sector as a cornerstone of the nation's technological infrastructure 1.
These appointments represent a significant departure from previous administrations' approaches to emerging technologies. Trump has framed these initiatives as a response to years of regulatory confusion and missed opportunities, positioning his incoming administration as one that will prioritize technological advancement and innovation 1.
The president-elect stated on his Truth Social platform, "Together, we will unleash scientific breakthroughs, ensure America's technological dominance, and usher in a Golden Age of American Innovation!" This declaration underscores the administration's commitment to positioning the U.S. as a global leader in both cryptocurrency and AI technologies 2.
As these newly appointed officials prepare to take their positions, the tech industry and policy experts will be watching closely to see how these appointments translate into concrete policies and regulatory frameworks for the rapidly evolving fields of cryptocurrency and AI.
President-elect Donald Trump has named David Sacks, a prominent Silicon Valley figure, as the new White House AI and Crypto Czar. This appointment signals a potential shift in U.S. policy towards artificial intelligence and cryptocurrency.
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Former President Donald Trump announces key appointments for his potential second term, focusing on technology policy with an emphasis on AI and cryptocurrency. The team includes familiar faces from his first administration and new Silicon Valley experts.
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President Donald Trump has signed executive actions related to artificial intelligence and cryptocurrency, potentially reshaping the regulatory landscape for these emerging technologies. The orders aim to bolster American dominance in AI and create a new framework for digital assets.
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President-elect Donald Trump is reportedly considering the creation of an 'AI czar' position to oversee federal AI policies and usage, with Elon Musk expected to have significant influence in shaping the role and future AI debates.
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Sheikh Tahnoon Bin Zayed Al Nahyan's visit to the US sparks high-level discussions on cryptocurrency, AI, and tech investments, signaling stronger UAE-US technological cooperation.
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