Key Takeaways:
- Carole House, instrumental in drafting President Biden’s executive order on digital assets, returns to the White House as a special adviser for cybersecurity and critical infrastructure policy.
- She previously served as the National Security Council’s director of cybersecurity and secure digital innovation and will continue her advisory roles with the Digital Dollar Project and the U.S. Commodity Futures Trading Commission.
- House’s return coincides with an election year, though it does not indicate any immediate changes in Biden’s stance on cryptocurrencies.
Carole House, a key figure behind President Biden’s executive order on digital assets, is returning to government service as a special adviser for cybersecurity and critical infrastructure policy at the White House National Security Council.
Previously, she was the National Security Council’s director of cybersecurity and secure digital innovation from April 2021 to June 2022, playing a crucial role in drafting the executive order on cryptocurrency regulation.
Biden Shifts Stance on Crypto: Pro-Crypto Advisor Returns
The Biden Administration has rehired Carole House, a pro-crypto cybersecurity advisor, as Special Advisor for Cybersecurity and Critical Infrastructure Policy. House previously criticized the administration’s lack of… https://t.co/fBlUD4oqSG pic.twitter.com/DH8iKFkVYv
— The Wolf Of All Streets (@scottmelker) June 24, 2024
House leaves her positions as a virtual currency advisory board member at the New York State Department of Financial Services and as an executive in residence at Terranet Ventures.
She will continue her advisory roles with organizations like the Digital Dollar Project and the U.S. Commodity Futures Trading Commission.
BIDEN RE-HIRES CRYPTO ADVISOR… BUT IS SHE REALLY PRO-CRYPTO?
– The Biden Administration has rehired Carole House, a former cybersecurity advisor known for her pro-crypto stance, indicating a potential shift in the White House’s approach to crypto regulation ahead of the 2024… https://t.co/fKnDrQVwSl pic.twitter.com/49ZvGItOP5
— BSCN (@BSCNews) June 24, 2024
Her return coincides with an election year, though it does not signal any immediate changes in Biden’s stance on cryptocurrencies.
In a recent House hearing, House highlighted the risks of cryptocurrency in illicit finance.
Just when we thought things couldn’t get worse, the Biden admin brings back Carole House to the National Security Council. Crypto innovation is doomed under more regulation. #CryptoCrisis #GovernmentOverreach
— Satoshi Club Alerts (@satoshi_alerts) June 24, 2024
President Biden is set to debate Donald Trump on June 27, with potential discussions on cryptocurrencies as both candidates engage with the crypto community in different ways.
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