Legislation on the market structure of stablecoins and cryptocurrencies will be approved in August, according to Bo Hines.
Bo Hines also highlighted a three-phase policy roadmap consisting of reversing hostile cryptocurrency rules, passing new legislation, and implementing it.
The administration of President Donald Trump aims to finalize legislation on the market structure of cryptocurrencies and stablecoins before the August 2025 Congressional recess, according to Bo Hines, executive director of the President's Advisory Council on Digital Assets.
In a recent interview with Bitcoin Magazine, Hines described a three-phase policy roadmap and discussed plans to initiate a Strategic Bitcoin Reserve (BTC) through budget-neutral means.
He confirmed that the administration is working closely with Congressional leadership to advance two key bills, one focused on stablecoins and the other on the broader structure of the digital asset market.
The goal is to use both to lay the groundwork for a new federal regulatory framework. If approved, a 180-day interagency report on digital assets, established under the first executive order of the Trump administration, will complement the bills.
The report will describe how federal agencies intend to implement the new framework.
