The Biden administration has rehired former crypto consultant Carole House, according to a June 24 LinkedIn post.
“I am honored to be called back to serve in the critical missions that are essential to shaping the secure and trusted digital economy of the future,” House said.
House will serve as special adviser for cybersecurity and critical infrastructure policy on the White House National Security Council (NSC).
She served as Director of Cybersecurity and Secure Digital Innovation at the National Security Council from April 2021 to June 2022. In addition, House has served at the New York Department of Financial Services (NYDFS), the U.S. Commodity Futures Trading Commission (CFTC), the Treasury Department, and various companies and organizations outside of government.
House has expressed different views on Crypto assets on many occasions.
In an interview with Consensus 2024 on June 4, House asserted that both legitimate and illegitimate applications of crypto assets will grow in tandem.
At the same time, she noted: “Growth in good, legitimate use also creates vulnerabilities and opportunities for illicit actors, which are often distributed, transnational, criminal networks and criminal cartels.”
“The U.S. is the most compliant of all jurisdictions with regard to anti-money laundering regulations. The growth in compliance that I have observed speaks to the need to address these gaps.”
In March 2023, House said the U.S. should keep crypto asset innovation within its borders for law enforcement and regulatory reasons.
That same month, she said the White House had taken a “balanced approach” during her tenure despite concerns that regulators would clamp down on Crypto assets in the banking system.
House is also a co-author of Biden’s executive order related to Crypto assets.
There are also those who object to some of her views. For example, House testified in February that BTC miners should implement sanctions at the network layer, including against organizations such as the North Korean-backed Lazarus Group.
Voltage board member Bobby Shell IV spoke out against her stance, saying such a policy is "not good for our country or our strategy."
News of House’s hiring comes amid other developments in the Biden administration surrounding crypto assets.
There have been recent reports that the Biden administration is looking to conduct outreach efforts with the help of the Crypto asset sector and may soon accept Crypto asset donations.
Author: Blockchain Knight; from the ChainDD content open platform "DeDehao", this article only represents the author's point of view, not the official position of ChainDD. For all "DeDehao" articles, the originality and authenticity of the content are guaranteed by the contributors. If the manuscript is plagiarized, falsified, etc., the legal consequences caused by the contributors themselves are responsible. If there is infringement, violation of regulations and other inappropriate content on the DeDehao platform, please supervise the readers. Once confirmed, the platform will be offline immediately. If you encounter any problems with the content of the article, please contact WeChat: chaindd123
