Carole House, an important official who advised and co-wrote US President Joe Biden's 2022 executive order on cryptocurrencies and digital assets, returned to her position in the administration.
House will work as a special advisor to the White House's National Security Council, focusing on critical infrastructure policy and cybersecurity.
Announcing his return on LinkedIn, House expressed his commitment to the task. “I am honored to be called back to serve critical mission groups to shape the future of safe and secure digital economies,” he wrote.
House's reversal coincides with President Biden's efforts to strengthen his credentials in the crypto industry, especially in light of former President Donald Trump's support for the digital assets industry. Both the House and the White House remain silent on the details of his new role.
Before rejoining the White House, House served as a "guest executive" at Terranet Ventures, a cryptocurrency-focused venture firm. His extensive career includes positions at the U.S. Commodity and Futures Trading Commission and previous assignments at the National Security Council.
Dave Grimaldi, a vice president at the Blockchain Association, praised House's pragmatic approach. “He is a no-nonsense expert whose pragmatic approach will be of great benefit to the Biden team,” Grimaldi said.
In his speech at the 2024 Consensus industry conference, House emphasized the importance of international adoption of cryptocurrencies for various economic purposes, and also stated that more sanctions were needed in the sector.
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