Donald Trump's administration continues to strengthen its presence in the cryptocurrency sphere by appointing Bo Hines as the head of the new Crypto Council.
Bo Hines Appointment
Donald Trump announced the appointment of former college football player Bo Hines as the executive director of his administration’s new Crypto Council. Hines, previously supported by crypto-focused political committees, will lead the Presidential Council of Advisers for Digital Assets. Among his supporters was former FTX CEO Ryan Salame, currently imprisoned for unlawful political donations.
Stephen Miran Joins Trump's Administration
Stephen Miran, an economist and former adviser, has been appointed as the chairman of Trump's Council of Economic Advisors. He will provide economic policy guidance. Previously, Miran served as a senior advisor at the U.S. Treasury Department and has advocated for deregulatory measures favorable to cryptocurrency growth.
Changes in Aptos Labs Leadership
Mohammad Shaikh, co-founder and CEO of Aptos Labs, stepped down, handing over to co-founder and CTO Avery Ching. Aptos Labs is known for its layer-1 blockchain platform focused on scalability and security. Shaikh remains a strategic advisor and plans to reflect on the future of financial technology.
The new appointments in Donald Trump's administration bolster the country's pro-crypto stance as Aptos Labs continues its progress under new leadership.