Carole House, one of the authors responsible for U.S. President Joe Biden’s executive order on digital assets, has announced her return to government work. In a LinkedIn post on June 24, House stated that she will be serving as the White House National Security Council’s special adviser for cybersecurity and critical infrastructure policy. Despite this new role, House will still maintain her positions as an adviser for regulatory and university groups that focus on studying emerging technology, such as the Digital Dollar Project and the U.S. Commodity Futures Trading Commission.
During her previous tenure as the National Security Council’s director of cybersecurity and secure digital innovation from April 2021 to June 2022, House played a key role in drafting an executive order that aimed to establish a regulatory framework for cryptocurrencies in the United States. President Biden signed this order in March 2022, marking one of his initial actions directly related to digital asset regulation within the country.
It is important to note that House’s return to the White House does not seem to be directly linked to any potential changes in President Biden’s stance on cryptocurrencies. Instead, she has chosen to leave 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.
During a House hearing in February, the Biden adviser testified regarding crimes involving digital assets and stated that “cryptocurrency remains a serious risk for illicit finance.” Cointelegraph reached out to House for comment but did not receive a response at the time of publication.
Looking ahead to June 27, President Biden will engage in a televised debate with Donald Trump for the first time in four years. It remains unclear whether the two presidential candidates will discuss matters related to crypto and blockchain.
Trump has recently been intensifying his rhetoric on cryptocurrencies amidst his legal troubles. He has been accepting campaign donations in digital assets and has pledged to mine all Bitcoin (BTC) in the U.S. if reelected. Reports have suggested that President Biden may also consider accepting crypto contributions to his reelection campaign.
The Republican candidate’s campaign has garnered support from prominent figures within the crypto industry, such as the Gemini co-founders Cameron and Tyler Winklevoss. However, the campaign reportedly returned a $2-million Bitcoin donation from the Winklevoss twins as it exceeded the limit set by federal law.
As the 2024 election approaches, crypto voters have already begun to disrupt the political landscape, and this trend is expected to continue.