President Donald Trump’s administration goals to finalize stablecoin and crypto market construction laws earlier than the August 2025 congressional recess, based on Bo Hines, govt director of the President’s Council of Advisors on Digital Belongings.
In a current interview with Bitcoin Journal, Hines outlined a three-phase coverage roadmap and mentioned plans to provoke a Strategic Bitcoin (BTC) Reserve via budget-neutral means.
He confirmed that the administration is working intently with congressional management to advance two key payments, one centered on stablecoins and one other on the broader digital asset market construction.
The purpose is to make use of each to kind the inspiration of a brand new federal regulatory framework. If enacted, a 180-day interagency report on digital belongings established beneath the Trump administration’s first govt order will complement the payments.
The report will define how federal companies intend to operationalize the brand new framework.
Hines added:
“We really feel extraordinarily assured that each of those items of laws will transfer ahead with bipartisan help.”
Three-phase coverage construction
Hines stated the administration’s digital asset agenda will likely be structured into three phases: demolition, building, and implementation.
The demolition part concerned reversing regulatory measures from the prior administration, which have been seen as hostile to crypto improvement.
This included dismantling enforcement patterns related to Operation Chokepoint 2.0 and internet hosting the primary White Home crypto summit to interact instantly with trade stakeholders.
Operation Chokepoint 2.0 is the identify given to the alleged efforts by US monetary regulators to hinder the entry of crypto corporations to banking companies.
The development part focuses on legislative efforts and coverage coordination, whereas the implementation part will observe, integrating blockchain applied sciences into the US monetary system.
Hines described this long-term plan as a complete method to reengineering fee programs and regaining the US’s aggressive benefit in monetary know-how.
Strategic Bitcoin Reserve
Alongside its legislative initiatives, Hines highlighted that the Trump administration is getting ready to create a Strategic Bitcoin Reserve (SBR).
The Division of the Treasury is at present auditing company holdings and evaluating acquisition pathways per the govt order signed in March.
Hines famous that the audit has progressed easily with full company participation and that the Treasury is now aggregating information to help the following steps.
The manager order calls for that BTC accumulation beneath the SBR will observe a budget-neutral mannequin, guaranteeing no extra burden on taxpayers. Concepts into consideration embrace revaluing gold certificates, monetizing government-held vitality belongings, and conducting mining operations on federal land.
A working group is reviewing proposals to find out and implement essentially the most environment friendly technique.
Hines revealed:
“We need to transfer as expeditiously as potential. There may be undoubtedly a type of house race because it pertains to accumulation of this asset, no completely different than there’s with gold.”
Moreover, he acknowledged that the US considers Bitcoin “digital gold” and intends to build up as a lot as potential utilizing fiscally accountable mechanisms.
Along with the SBR, the administration is creating nationwide stockpiles of different digital belongings to help broader innovation throughout the blockchain sector, which was additionally permitted beneath the manager order signed in March.
Nonetheless, Hines reaffirmed that Bitcoin stays central to the administration’s imaginative and prescient for long-term financial management.
He concluded:
“We’ve positioned ourselves to be the Bitcoin superpower of the world, and we’re going to ship on the president’s priorities because it pertains to that.”