Regulation
Biden’s crypto policy co-writer just joined the White House – DL News
- Joe Biden’s team has just rehired former crypto advisor Carole House.
- She will join the group as an advisor on cybersecurity and “critical infrastructure policy”.
- His appointment comes as Donald Trump supports cryptography, making it an election issue.
A key official who advised and co-wrote President Biden’s 2022 report decree on cryptocurrencies and digital assets has returned to the administration.
Carole House will serve as special advisor to the White House National Security Council, where she will focus on “critical infrastructure policy” and cybersecurity, she said on LinkedIn.
“Honored to have been called upon to return to service in absolutely essential missions necessary to shape the future of secure and trustworthy digital economies,” she wrote in an article announcing the decision.
His return to the White House comes as Biden boosts his crypto credibility amid former President Donald Trump’s embrace of the digital assets industry.
Neither the House nor the White House immediately responded to a request for comment from DL News.
House was most recently an “executive in residence” at Terranet Ventures, a venture capital firm that focuses in part on crypto.
She has held numerous positions in the federal government, including as an advisor to the Commodities and Futures Trading Commission and the National Security Council, according to her. LinkedIn profile.
“She is a pragmatic expert whose no-nonsense approach will greatly benefit the Biden team,” said Dave Grimaldi, executive vice president of the Blockchain Association, a crypto lobbying group. DL News.
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House demonstrated measured advocacy.
“Adoption of many good economic cases is happening internationally,” she says. saidin reference to cryptography, during the 2024 iteration of Consensus, an annual industry conference.
However, she repeatedly stressed the need for “more enforcement.”
Crypto becomes political
Trump has made crypto a more important message of his campaign.
“If you are pro-crypto, you will vote for Trump,” he said. said at a May gala for Trump NFT holders at Mar-a-Lago, his Florida resort.
Since then, he has met Bitcoin minersbegan to accept campaign donations in crypto and shared crypto betting site Polymarket’s odds of him winning the 2024 presidential election.
Biden, in turn, has signaled a more open stance towards the digital asset sector.
His administration made a about-face on-site Ethereum exchange-traded funds, its managers would be expected to attend crypto industry meetings, and it is they say consider accepting crypto donations.
Ben Weiss is a Dubai correspondent at DL News. Do you have any advice? Send him an email to bweiss@dlnews.com.