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Margaret Boucher
Margaret Boucher

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Biden Administration Reinstates Carole House as Crypto Policy Adviser

The Biden administration has reinstated Carole House as a Special Advisor for Cybersecurity and Critical Infrastructure Policy, signaling a renewed focus on crypto policy within the White House.

House previously served as an advisor on the 2022 executive order on crypto and digital assets, and her return to the administration comes at a critical time as crypto becomes an increasingly prominent political issue. Former President Donald Trump has embraced the crypto industry, making it a key part of his 2024 campaign messaging. In contrast, the Biden administration has taken a more measured approach, but appears to be softening its stance as it recognizes the growing importance of digital assets.

House is a respected cybersecurity expert with extensive experience in the federal government, including previous roles at the Commodities and Futures Trading Commission and the National Security Council. Her pragmatic and balanced approach to crypto regulation is seen as a valuable asset for the Biden team as they navigate this complex and rapidly evolving landscape.

During her previous tenure, House emphasized the need for "more enforcement" in the crypto space, while also acknowledging the "good economic cases" for adoption happening internationally. This suggests that the Biden administration is likely to pursue a measured and nuanced approach to crypto policy, seeking to strike a balance between fostering innovation and ensuring appropriate safeguards are in place.

The reinstatement of Carole House as a crypto policy advisor comes at a pivotal moment, as the 2024 presidential election looms and crypto becomes an increasingly important political issue. Trump's embrace of the industry has put pressure on Biden to take a more pro-crypto stance, and the return of House to the administration suggests that the White House is positioning itself to be more engaged and responsive to the needs of the crypto community.

Overall, the Biden administration's decision to bring back Carole House as a crypto policy advisor signals a renewed commitment to shaping the future of digital assets and the secure and trustworthy digital economies that will emerge in the years ahead.

Top comments (1)

abdur_rehmaan_ profile image
Abdur Rehman

Carole House's return as Crypto Policy Adviser shows a strong focus on regulations. What changes do you expect to see?​