Trump's Crypto Sherpa Bo Hines Says Crypto Legislation on Target for Quick Completion
Bo Hines, the head of the Presidential Council of Advisers for Digital Assets, has stated that significant legislative strategies for the crypto industry could be finalized soon, with a goal to pass two major crypto bills by August. He emphasized that President Trump’s personal interests in digital assets, including stakes in projects tied to his family, are not impacting the policy process. Hines asserted that the legislation, aimed at regulating stablecoin issuers, is about 90% aligned between Congress' two chambers. He is optimistic that these bills will be reconciled swiftly and proposed as a unified approach. Additionally, Hines mentioned an upcoming effort to draft comprehensive regulations for the entire U.S. crypto market. During his tenure, Hines has engaged with numerous crypto industry leaders to align perspectives as the legislative process unfolds.
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