REGULATION

Biden rehires former crypto adviser Carole House, who once drafted the "Digital Asset Development" executive order

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Biden rehires former crypto adviser Carole House, who once drafted the "Digital Asset Development" executive order

The Biden administration announced the rehiring of former crypto advisor Carole House, who will return to the White House as a consultant for cybersecurity and critical infrastructure policy. Her comeback is widely welcomed by the crypto community.

Co-Author of Biden's Crypto Policies Returns to the White House

Carole House, who played a significant role during the Biden administration in 2022 with the executive order Ensuring Responsible Development of Digital Assets, and served as an advisor, is set to return to the White House as a special advisor to the National Security Council.

Carole House stated on LinkedIn:

I am honored, humbled, and excited to return to the Biden administration as a special advisor on cybersecurity and critical infrastructure policy for the National Security Council at the White House. These missions are essential for shaping a secure and trustworthy digital economy for the future.

Carole House LinkedIn

Carole House Previously Served as CFTC Technology Expert

Carole House, who chaired the Technology Advisory Committee (TAC) under the U.S. Commodity Futures Trading Commission (CFTC) last March, gathered industry experts to join.

In addition to her various roles within the federal government, she previously held an executive position at the crypto venture capital firm Terranet Ventures.

The U.S. Commodity Futures Trading Commission (CFTC) has gathered multiple industry experts to consider establishing a digital assets and blockchain technology task force.

Crypto Industry Optimistic About Carole House

The crypto industry is optimistic about her return. Dave Grimaldi, Executive Vice President of the Blockchain Association, told DL News:

She is a pragmatic expert, and her approach will be beneficial to the Biden team.

Community optimism about Carole House seems to focus on her understanding of the cryptocurrency industry and her reputation as a fair official. She previously mentioned at the Consensus summit:

There are many good economic cases adopted internationally, but we still need to strengthen enforcement in this area so that excellent participants can be rewarded for compliance.