A post on LinkedIn on June 24 revealed that the Biden administration has rehired former Crypto advisor Carole House.
House stated, “I am honored to be called back to serve in a critical role, as these tasks are essential in shaping a secure and trustworthy digital economy for the future.”
House will serve as a special advisor on cybersecurity and critical infrastructure policy at the White House National Security Council (NSC).
From April 2021 to June 2022, she served as the Director of Cybersecurity and Secure Digital Innovation at the National Security Council. Additionally, House has held positions at the New York Department of Financial Services (NYDFS), the Commodity Futures Trading Commission (CFTC), the Treasury Department, as well as several companies and organizations outside of government.
House has expressed varying views on Crypto assets multiple times.
During an interview with Consensus 2024 on June 4, House asserted that the legitimate and illegitimate use of Crypto assets will increase simultaneously.
She also pointed out, “The growth of good, legitimate use also provides loopholes and opportunities for those bad actors, who are often distributed, transnational, criminal networks, and crime syndicates.”
“The United States is the most compliant department with anti-money laundering regulations among all jurisdictions. I have observed an increase in compliance, which also indicates the necessity to address these loophole issues.”
In March 2023, House stated that, for enforcement and regulatory reasons, the United States should control Crypto asset innovation within its borders.
During the same month, she mentioned that the White House took a “balanced approach” during her tenure, despite concerns that regulatory agencies would suppress Crypto assets in the banking system.
House was also a co-drafter of the Biden administration’s executive orders related to Crypto assets.
Some people have opposed some of her views. For example, in February, House testified that BTC miners should be sanctioned at the network level, including imposing sanctions on organizations such as the Lazarus Group, which supports North Korea.
Bobby Shell IV, a member of the Voltage Board of Directors, spoke out against her stance, stating that this policy “does not benefit our country or strategy.”
The news of House’s rehiring coincides with other developments in the Biden administration regarding Crypto assets.
Recent reports suggest that the Biden administration is looking to engage in outreach efforts in the Crypto asset space and may soon accept Crypto asset donations.
