Biden has reappointed former cryptocurrency advisor Carole House, who had previously written an "Executive Order on Digital Asset Development".

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ABMedia
06-25
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The Biden team announced the rehiring of former encryption adviser Carole House. She will return to the White House as an adviser on cybersecurity and critical infrastructure policy, and the encryption community is generally optimistic about her return.

Biden's encryption policy co-author returns to White House

Carole House, who played an important role in influencing and serving as an advisor on the Ensuring Responsible Development of Digital Assets executive order during the Biden administration in 2022, will return to serve as a special advisor to the White House National Security Council. consultant.

Carole House said on LinkedIn :

I am honored, humbled, and excited to return to the Biden Administration as Special Advisor for Cybersecurity and Critical Infrastructure Policy on the White House National Security Council! These tasks are integral to shaping the secure and trustworthy digital economy of the future.

Carole House LinkedIn

Carole House was a CFTC technical expert

The Technical Advisory Committee (TAC) of the CFTC of the American Futures Trading Conference convened a number of industry experts to join in March last year, of which the chairman is Carole House.

In addition to holding multiple positions within the federal government, she previously served as an executive at crypto venture capital firm Terranet Ventures.

( The U.S. Commodity Futures Trading Commission CFTC convened a number of industry experts to join in and consider creating a new digital asset and blockchain technology group )

Crypto industry bullish on Carole House

The crypto industry is generally optimistic about her return. Dave Grimaldi, executive vice president of the Blockchain Association, told DL News :

She is a pragmatic expert whose approach will benefit the Biden team.

The focus of the community’s optimism on Carole House seems to be that she not only understands the cryptocurrency industry, but is also an official with clear rewards and punishments. She once pointed out at the Consensus Summit:

There are many good economic examples of adoption internationally, but we still need greater enforcement in this area so that good players can be rewarded for compliance.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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