Biden Administration Reinstates Carole House as Crypto Policy Adviser

Crypto Reporter

Shalini Nagarajan

Crypto Reporter

Shalini Nagarajan

About Author

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Author Profile

Share

Copied

Last updated:

June 25, 2024 00:47 EDT

Why Trust Cryptonews

Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews

The White House has decided to rehire cybersecurity expert Carole House, signaling the Biden Administration’s renewed interest in crypto policy. House earlier played a pivotal role in advising Joe Biden on his 2022 executive order focused on cryptocurrencies.

In a June 24 LinkedIn post, House said she was “deeply honored, humbled, and excited to return to government appointed in the Biden Administration.” She is appointed Special Advisor for Cybersecurity and Critical Infrastructure Policy at the White House National Security Council.

House previously served under Biden from 2021 to 2022 as Director of Digital Innovation on the National Security Council. Additionally, she was a member of the Virtual Currency Advisory Board at the New York State Department of Financial Services.

She also holds a position on The Digital Dollar Project’s advisory board, a nonprofit dedicated to enhancing the US economy’s readiness for a CBDC. House is seen as a crypto-friendly voice within the Biden administration. And her return to the White House signals a renewed focus on crafting crypto regulations.

Carole House Criticizes Biden Admin Over Crypto Policy Delays

House recently appeared concerned about the administration’s delayed efforts in establishing a regulatory framework for US cryptocurrency firms.

Absence of clear guidelines for registration in this sector is a particularly challenging concern, she remarked during a Web3 Working Group podcast.

Her appointment coincides with increased scrutiny of Biden’s crypto policies leading to the 2024 US presidential election. Senior Democratic senators dissenting from the White House led to a recent resolution criticizing the SEC’s management of cryptocurrency. Biden subsequently vetoed the resolution and affirmed his support for the SEC’s decision.

Biden and Trump Clash Over Crypto Support Ahead of Election

Donald Trump, Biden’s likely opponent in November, has highlighted cryptocurrency as a potential divisive issue for the upcoming election. Along with other Republicans, he has made clear statements supporting the industry.

However, The Block reported earlier this month that Biden’s campaign is exploring cryptocurrency donations to signal a more supportive stance toward the sector.