The
Biden
administration
has
re-hired
former
crypto
adviser
Carole
House,
according
to
a
LinkedIn
post
on
June
24.
House
said
she
is
“honored
to
have
been
called
to
return
to
service
of
absolutely
critical
mission
sets
that
are
necessary
to
shape
the
future
of
secure
and
trustworthy
digital
economies.”
House
will
serve
as
Special
Advisor
for
Cybersecurity
and
Critical
Infrastructure
Policy
at
the
White
House
National
Security
Council
(NSC).
She
served
as
the
NSC’s
Director
of
Cybersecurity
and
Secure
Digital
Innovation
from
April
2021
to
June
2022.
She
has
also
held
positions
at
the
New
York
Department
of
Financial
Services
(NYDFS),
CFTC,
the
Treasury,
and
various
companies
and
organizations
outside
the
government.
Adviser
endorses
crypto
and
regulations
House
has
repeatedly
expressed
mixed
sentiments
about
crypto.
In
a
June
4
interview
with
Consensus
2024,
House
asserted
that
legal
and
illegal
applications
of
crypto
grow
in
tandem,
stating:
“Good,
licit
use
growth
will
also
present
vulnerabilities
and
opportunities
for
those
illicit
actors
that
often
are
distributed,
transnational,
criminal
networks
and
syndicates.”
She
said
the
US
is
“the
most
compliant
sector
[of
any]
jurisdiction
on
anti-money
laundering”
and
observed
growth
in
compliance
but
described
a
need
to
address
vulnerabilities.
In
March
2023,
she
said
the
US
should
keep
crypto
innovation
within
its
borders
for
enforcement
and
supervision
reasons.
The
same
month,
she
said
the
White
House
took
a
“balanced
approach”
during
her
time
in
the
government
despite
concerns
over
regulators
suppressing
crypto
in
the
banking
system.
She
is
also
a
co-author
of
the
Biden
Executive
Order
related
to
crypto. Some
have
objected
to
some
of
her
views.
House
testified
in
February
that
Bitcoin
miners
should
enforce
sanctions
at
the
network
layer,
including
against
groups
such
as
the
North
Korea-backed
Lazarus
Group.
Voltage
board
member
Bobby
Shell
IV
opposed
her
stance
today,
stating
that
such
policy
“isn’t
good
for
our
nation
or
strategy.”
News
of
House’s
hiring
comes
alongside
other
developments
around
crypto
in
the
Biden
administration.
Recent
reports
suggest
the
administration
aims
to
develop
outreach
efforts
with
the
help
of
the
crypto
sector
and
may
soon
accept
crypto
donations.
Mentioned
in
this
article
In:
US,
Politics
Go to Source
Author: Mike Dalton
