According to Deep Tide TechFlow news on April 30, Bo Hines, the Executive Director of the White House Digital Asset Advisory Committee, stated today that two important cryptocurrency bills in the United States are expected to be legislated before Congress recesses in August this year, according to CoinDesk. Among them, the stablecoin regulation bill has achieved 90% consensus, and a draft of the overall crypto market regulatory framework is expected to be released in a few weeks. Hines also revealed that the Trump administration is advancing a Bitcoin reserve plan but emphasized that taxpayer money will not be used. In response to concerns about Trump's personal crypto business possibly influencing policy, Hines denied this, stating that the government will focus on making the United States a global cryptocurrency center.
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According to Deep Tide TechFlow news on April 30, Bo Hines, the Executive Director of the White House Digital Asset Advisory Committee, stated today that two important cryptocurrency bills in the United States are expected to be legislated before Congress recesses in August this year, according to CoinDesk. Among them, the stablecoin regulation bill has achieved 90% consensus, and a draft of the overall crypto market regulatory framework is expected to be released in a few weeks. Hines also revealed that the Trump administration is advancing a Bitcoin reserve plan but emphasized that taxpayer money will not be used. In response to concerns about Trump's personal crypto business possibly influencing policy, Hines denied this, stating that the government will focus on making the United States a global cryptocurrency center.