This was announced by Carol House, one of the authors of the decree issued by US President Joe Biden.
Carol House, one of the authors of US President Joe Biden’s executive order on digital assets, has announced that she will return to government work.
In a LinkedIn post dated June 24, House said she would serve as special advisor to the White House National Security Council on cybersecurity and critical infrastructure policy. She remains listed as an advisor to regulatory and academic groups that study emerging technologies, including the Digital Dollar Project and the U.S. Commodity Futures Trading Commission.
While serving as director of cybersecurity and secure digital innovation at the National Security Council from April 2021 to June 2022, House helped draft an executive order to create a regulatory framework for cryptocurrencies in the USA. President Biden signed the order in March 2022, one of his first actions directly related to the regulation of digital assets in the country.
about: Will Biden change his strategy on digital assets before the Trump debate?
The return of the White House to the White House does not appear to be directly linked to a possible change in President Biden’s position on cryptocurrencies. She left her position as a member of the New York State Department of Financial Services’ Virtual Currency Advisory Council and executive in residence at Terranet Ventures to join the Biden administration during an election year.
A Biden adviser testified at a House hearing in February to discuss digital asset crimes, saying “cryptocurrencies continue to pose a serious risk to illicit financing.” Cointelegraph contacted House for comment but had not received a response at the time of publication.
Crypto in an election year
On June 27, President Biden will face Donald Trump for the first time in four years in a televised debate on CNN. It is unclear whether the two presidential candidates will discuss cryptocurrencies and blockchain.
Trump has ramped up his rhetoric on cryptocurrencies amid his criminal and civil legal troubles. He has accepted campaign donations in the form of digital assets and has pledged to mine all Bitcoin (BTC) in the United States if re-elected. Reports have indicated that President Biden may also explore cryptocurrency contributions to his re-election campaign.
The Republican candidate’s campaign benefits from the support of several figures in the cryptocurrency sector, including founders Gemini Cameron and Tyler Winklevoss. The campaign reportedly returned a $2 million bitcoin donation from the twins after exceeding the limit allowed under federal law.
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