Not one, not two, but three.
Donald Trump’s three heavyweight appointments over the weekend have the crypto+AI fan boys buzzing.
Over the weekend, Trump tapped Stephan Miran, a crypto regulation advocate, as chair of the Council of Economic Advisors.
Six hours later, he doubled down with Bo Hines, a 29-year-old ex-college footballer and a “steadfast ally” of the crypto industry, as executive director of his promised crypto council.
The final headliner is Sriram Krishnan, Silicon Valley insider and global AI and crypto speaker, who is stepping in as senior policy advisor for AI.
Krishnan’s resume reads like a tech fantasy league: Microsoft, Facebook (now Meta), Twitter (where he helped Elon Musk with a restructuring) and most recently, Andreessen Horowitz or a16z, where he ran their London office until November.
Krishnan’s appointment is a “1,000x upgrade for the US government, and puts the US firmly in the driver’s seat for AI policy globally,” Andreessen says.
Read more: Bitcoin’s spiraling. Trump’s buying ETH. And you?
The dream team?
The appointments come after Trump sent a video message to an industry event saying, “we will fight for you,” and keep business in the US.
Together, these three appointees are tasked with Trump’s promise to make “crypto great again” into reality.
Crypto markets seemed to like the news: It rose back past $95K, after the Fed’s commentary sent it into a 15% dive last week.
Krishnan and Hines will work under crypto and AI czar David Sacks, who is among the first of Trump’s picks, and will join other crypto friendly picks such as SEC chair Gary Gensler’s replacement, Paul Atkins.
Krishnan’s move has crypto heavyweights talking.
Coinbase’s policy chief, Faryar Shirzad, called it “amazing news.” And Perplexity AI’s CEO Aravind Srinivas said Krishnan is “one of the most curious people” and a major advocate for open-source AI.
Hines has his fans too. Blockchain Association’s industry affairs chief Dan Spuller praised his “deep understanding” of crypto after a visit to their HQ earlier this year.
Clearly, as far as getting the right people in the right seats for crypto, the Trump administration’s messaging is clear: they are all in.
Copy-edited by Azar Zaidi. Edited by Ankush Chibber. If you have any tips, ideas or feedback, please get in touch: talk-to-us@moniify.com
