Carole House Rehired by Biden Anticipating a Shift in Crypto Policy

Key Advisor Carole House Returns to Shape Biden Administration’s Crypto Policy

In a surprising and potentially game-changing move, the Biden administration has reinstated Carole House as Special Advisor for Cybersecurity and Critical Infrastructure Policy, hinting at a shift in its approach to cryptocurrency regulation as the 2024 presidential election looms.

Carole House, the mastermind behind President Biden’s executive order on digital assets, played a crucial role in shaping the regulatory framework for cryptocurrencies during her tenure as the National Security Council’s Director of Cybersecurity and Secure Digital Innovation from April 2021 to June 2022.

Announcing her return to government service on LinkedIn, House’s comeback to the White House National Security Council on June 24, 2024, suggests a more proactive and less adversarial stance towards crypto regulation under the Biden administration.

This development gains significance as the 2024 presidential election approaches, with cryptocurrency emerging as a key issue in the political landscape. President Joe Biden is scheduled to debate former President Donald Trump, the Republican candidate, on June 27, and while the focus on crypto remains uncertain, its growing prominence in politics is undeniable. Trump, who is facing legal challenges, has been accepting crypto donations and has pledged to support the crypto industry if re-elected, garnering support from influential figures in the crypto world such as the Winklevoss twins.

House’s return could mark a pivotal shift in US crypto policy, as her expertise and the increasing importance of digital assets in politics suggest a more engaged and supportive approach from the administration as the election season progresses.

With Carole House back in the fold, the countdown to a potential crypto revolution has officially begun.