Trump Set for Cryptocurrency Legislation before August, Aims to Shape US Crypto Future

President Donald Trump is poised to sign legislation regulating the cryptocurrency market by August, according to White House advisor Bo Hines. During a speech at Consensus 2025 in Toronto, Hines revealed that comprehensive regulations are nearing completion, focusing on stablecoins and market structure. This action aims to establish a legal framework before Congress’s summer recess. Hines emphasized the U.S.’s crucial position in the global cryptocurrency race and highlighted ongoing efforts to define stablecoins and create legislation governing market structure.