Joe Biden Appoints Carole House for Crypto Regulation, Signals Flexibility in Ethereum ETFs
As the 2024 elections approach, the Joe Biden administration is focusing on cryptocurrency regulations.
Management aims to balance innovation in the digital assets sector with necessary security measures.
Carole House's return as principal advisor to the National Security Council underscores this shift in strategic focus.
As the 2024 elections approach, the Biden administration is toughening its stance on cryptocurrency regulations, aiming to balance innovation and security with expert guidance from Carole House.
Carole House Rejoins as Special Advisor on Crypto Regulations
Carole House will serve as a special advisor to the National Security Council, reprising a critical role in the Biden administration. Drawing on his extensive federal background, including experience at the Commodity and Futures Trading Commission and his most recent role at Terranet Ventures, House will shape policies that will strengthen U.S. critical infrastructure and support cyber defense in the digital assets paradigm.
House's reappointment signals a subtle shift in the Biden administration's crypto policies. In the past, Biden's approach has been markedly different from his predecessor Donald Trump, who enthusiastically supported the cryptocurrency space. Biden's administration has demonstrated a willingness to engage more deeply in the sector with a careful consideration of Ethereum ETFs and increased dialogue with crypto industry stakeholders.
