Carole House, a key figure involved in the formulation of U.S. President Joe Biden’s executive order on digital assets, has announced her return to government service.
In a post on LinkedIn on June 24, House revealed that she will be taking on the role of special adviser for cybersecurity and critical infrastructure policy at the White House National Security Council. Despite this new position, she continues to be involved as an adviser for various regulatory and educational organizations focused on emerging technologies, such as the Digital Dollar Project and the U.S. Commodity Futures Trading Commission.
During her time as the National Security Council’s director of cybersecurity and secure digital innovation from April 2021 to June 2022, House played a significant role in shaping the executive order aimed at establishing a regulatory framework for cryptocurrencies in the United States. President Biden signed this order in March 2022, marking one of his initial actions directly addressing digital asset regulation in the country.
House’s decision to return to the White House does not seem to be directly linked to any potential shifts in President Biden’s stance on cryptocurrencies. She left behind her positions as a virtual currency advisory board member at the New York State Department of Financial Services and as an executive in residence at Terranet Ventures to rejoin the Biden administration during an election year.
In a House hearing back in February, the Biden adviser addressed concerns surrounding crime involving digital assets, emphasizing that “cryptocurrency remains a serious risk for illicit finance.” Despite attempts to reach out to House for comment, Cointelegraph did not receive a response at the time of publication.
With President Biden set to engage in a televised debate against Donald Trump on June 27, it remains uncertain whether the topic of crypto and blockchain will be on the agenda. Trump has been ramping up his rhetoric on crypto amidst legal issues, accepting campaign donations in digital assets and pledging to mine all Bitcoin in the U.S. if reelected. Reports suggest that President Biden may also be considering crypto contributions to his reelection campaign.
Notably, the Republican candidate’s campaign has garnered support from prominent figures in the crypto industry, such as Gemini co-founders Cameron and Tyler Winklevoss. The campaign made headlines by returning a $2 million Bitcoin donation from the Winklevoss twins after it exceeded the federal legal limit.
As crypto enthusiasts continue to make their mark in the 2024 election, the influence of digital assets on the political landscape is expected to grow.