Regulation
Co-author of Biden’s crypto policy just returned to the White House – DL News
- Joe Biden’s team just rehired former crypto advisor Carole House.
- He will join as an advisor on cybersecurity and “critical infrastructure policy.”
- His nomination comes at a time when Donald Trump supports cryptocurrencies, making it an election issue.
A key official who advised and co-authored President Biden’s 2022 plan executive order on cryptocurrencies and digital assets has returned to the administration.
Carole House will be special advisor to the White House National Security Council, where she will focus on “critical infrastructure policy” and cybersecurity. he said on LinkedIn.
“Honored to be called back to serve a number of absolutely critical missions that are needed to shape the future of secure and trusted digital economies,” she wrote in a post announcing the move.
His return to the White House comes as Biden is expanding his cryptocurrency credibility amid former President Donald Trump’s embrace of the digital asset sector.
Neither the House nor the White House immediately responded to requests for comment DL News.
House was most recently an “executive in residence” at Terranet Ventures, a venture capital firm that focuses partially on cryptocurrencies.
She has held numerous positions throughout the federal government, including previous stints as an advisor to the Commodities and Futures Trading Commission and the National Security Council, according to her. LinkedIn profile.
“She is a no-nonsense expert whose pragmatic approach will be of great benefit to the Biden team,” said Dave Grimaldi, executive vice president of the Blockchain Association, a cryptocurrency lobbying group. DL News.
Join the community to get our latest stories and updates
House showed measured support.
“The adoption of many good economic cases is happening internationally,” he explained She saidin reference to cryptocurrencies, during the 2024 iteration of Consensus, an annual industry conference.
However, he repeatedly stressed the need for “more controls”.
Cryptocurrencies become political
Trump has made cryptocurrencies a major message of his campaign.
“If you are pro-cryptocurrency, you will vote for Trump,” he She said during a May gala for Trump NFT holders at Mar-a-Lago, his Florida resort.
Since then, he met Bitcoin minershe began to accept donations for the campaign in cryptocurrency and the shared cryptocurrency betting site Polymarket chance of him winning the 2024 presidential election.
Biden, in turn, has signaled a more open stance towards the digital assets sector.
His administration has made a about face on Ethereum exchange-traded funds, its officials they will reportedly be in attendance cryptocurrency industry meetings, and it is said to be considering accepting cryptocurrency donations.
Ben Weiss is a Dubai correspondent at DL NewsDo you have a suggestion? Email him at bweiss@dlnews.com.