Biden Administration Rehires Its Former Cryptocurrency Advisor Carole House

June 24, 2012 - The Biden administration has announced that Carole House, a key official who advised and co-authored President Biden's 2022 executive order on cryptocurrencies and digital assets, has returned to the administration, according to a report by DL News.House will serve as a special advisor to the White House's National Security Council, focusing on "critical infrastructure policy" and cybersecurity. House will serve as Special Advisor to the White House National Security Council, focusing on "critical infrastructure policy" and cybersecurity. She said, "It's an honor to serve again in shaping the future of a secure and trusted digital economy."

House's return to the White House comes as Biden seeks to bolster her credibility in the cryptocurrency space in response to former President Trump's enthusiastic embrace of the digital asset industry, most recently serving as an "executive-in-residence" at Terranet Ventures, a cryptocurrency-focused venture capital firm. House recently served as "executive in residence" at Terranet Ventures, a venture capital firm focused on cryptocurrencies. She has extensive government experience, having served as an advisor to the Commodity Futures Trading Commission and the National Security Council.

Dave Grimaldi, executive vice president of the cryptocurrency lobbying group the Blockchain Institute, described House as a "pragmatic expert" whose pragmatic approach would be a positive influence on the Biden team. House has been moderately supportive of cryptocurrencies, emphasizing their potential for international economic applications, while also stressing the need for stronger enforcement.