President-elect Donald Trump has named Bo Hines, known for his pro-crypto stance, to serve as the Executive Director of the Presidential Council of Advisers for Digital Assets. Trump made the announcement on his Truth Social platform on Dec. 22, explaining that the Council is a new advisory group “composed of luminaries from the crypto industry” and chaired by Crypto Czar David Sacks. Hines, a former Yale football player and Republican congressional candidate, will collaborate with Sacks to promote innovation and growth in the digital assets sector. According to Trump, Hines will help ensure that industry leaders have the necessary resources to thrive while fostering advancements in blockchain technology and cryptocurrency. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io