Trump Set To Sign Crypto Legislation by August, Says Bo Hines

Prominent White House advisor Bo Hines revealed that President Trump is aiming to sign key cryptocurrency regulations by August. These rules would address stablecoins and reshape the overall crypto market structure. Despite ongoing negotiations, progress on these bills remains strong, with a comprehensive digital asset strategy planned that potentially involves Bitcoin reserves. While a final deal is yet to be sealed, there’s optimism it will materialize before Congress adjourns in August. Hines addressed concerns about potential conflicts of interest by stating that Trump’s family has the right to pursue opportunities in the crypto space as private individuals and highlighted their involvement as evidence of the immense potential of digital assets. Meanwhile, U.S. Rep. French Hill acknowledged the political challenges posed by the recent surge in cryptocurrency activity but insists real progress is being made behind closed doors. While acknowledging the hype surrounding President Trump’s ties to Bitcoin has impacted bipartisan talks, Hill emphasizes that a strong crypto framework remains a shared objective for both Republicans and Democrats. If everything proceeds as planned, America could soon adopt a definitive crypto framework within weeks.