Stablecoin, crypto market structure legislation slated for approval by August – Bo Hines

Stablecoin, crypto market structure legislation slated for approval by August – Bo Hines

President Donald Trump’s administration aims to finalize stubcoin and crypto market structure laws before the August 2025 Congress break, according to Bohines, executive director of presidential advisors on digital assets.

In a recent interview with Bitcoin Magazine, Hines outlined the three-stage policy roadmap and discussed plans to launch a strategic Bitcoin (BTC) reserve through budget-neutral measures.

He confirmed that the administration is working closely with Congressional leadership to advance two important bills. One focuses on stablecoins, and the other focuses on the broader digital asset market structure.

The goal is to use both to form the basis for a new federal regulatory framework. If enacted, the 180-day interagency report on digital assets established under the Trump administration’s first executive order complements the bill.

The report outlines how federal agencies operate the new framework.

Hines has been added:

“We are very confident that both of these laws will move forward by moving forward with bipartisan support.”

Three-phase policy structure

Hines said the administration’s digital assets agenda will be comprised of three phases: demolition, construction and implementation.

The dismantling phase involved reversal of regulatory measures from previous administrations that were considered hostile to crypto development.

This includes dismantling the enforcement patterns related to the Chokepoint 2.0 operation and hosting the first White House Crypto Summit to directly engage with industry stakeholders.

The Chokepoint 2.0 tactic is the name given to a suspicious effort by US financial regulators to block access to crypto companies’ banking services.

The construction phase focuses on legislative efforts and policy coordination, but the implementation phase continues, integrating blockchain technology into the US financial system.

Hines described this long-term plan as a comprehensive approach to redesigning payment systems and regaining US competitive advantage in financial technology.

Strategic Bitcoin Reserve

In addition to its legislative initiative, Hines highlighted that the Trump administration is preparing to establish a Strategic Bitcoin Reserve (SBR).

The Ministry of Finance is currently auditing agency holdings and assessing the acquisition routes per unit Presidential order signed in March.

Hines noted that the audit proceeds smoothly with full agency participation and that the Treasury is aggregating data to support the next step.

The executive order requires that the accumulation of BTC under the SBR follows the budget neutral model and not secure additional burdens on taxpayers. Ideas under consideration include reassessing gold certificates, monetizing government-held energy assets, and carrying out mining operations on federal land.

The working group reviews suggestions for determining and implementing the most efficient method.

Hines revealed:

“We want to move as quickly as possible, and there is definitely a space race because it has to do with this accumulation of assets.

He further stated that the US considers Bitcoin to be “digital gold” and intends to accumulate as much as possible using financially responsible mechanisms.

In addition to the SBR, the administration is developing national stockpiles of other digital assets and supporting broader innovation within the blockchain sector. This was approved under an executive order signed in March.

Nevertheless, Hines reaffirmed that Bitcoin is central to the administration’s vision for long-term economic leadership.

He concluded:

“We consider ourselves to be a global Bitcoin superpower, and we intend to make the president’s priorities come true as it relates to that.”

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