The Biden administration has rehired its former cryptocurrency advisor, Carole House.
The Biden administration has announced that Carole House, a key official who advised and co-authored President Biden's 2022 executive order on cryptocurrencies and digital assets, has returned to the administration. House will serve as special adviser to the White House National Security Council, focusing on "critical infrastructure policy" and cyber security. "It is an honor to once again serve in shaping the future of a secure and trusted digital economy," she said.
House's return to the White House comes as Biden seeks to strengthen his credibility in the cryptocurrency space in response to former President Donald Trump's enthusiastic embrace of the digital asset industry. House most recently served as an "executive-in-residence" at Terranet Ventures, a cryptocurrency-focused venture capital firm. She has extensive government experience, having served as an adviser to the Commodity Futures Trading Commission and the National Security Council.
Dave Grimaldi, executive vice president of the Blockchain Association, a cryptocurrency lobby group, described House as a "pragmatic expert," arguing that her pragmatic approach would have a positive impact on the Biden team. House has been moderately supportive of cryptocurrencies, emphasizing their potential for international economic applications while also stressing the need for stronger law enforcement.