Trump plans signing pioneering law to regulate cryptocurrencies before August
According to reports, the White House is reported to regulate cryptocurrencies. President Donald Trump is expected to sign a comprehensive legislative package for digital assets before the congress in August's summer break.
The initiative comes at a time when the government also checks the creation of a US bitcoin reserve.
Bo Hines, managing director of the President's Council of Advisers on Digital Assets, was confident during a keynote at Consensus 2025 that both the rules for stable coins and a more comprehensive framework for the cryptom market could be completed in good time. According to Hines, the President personally works for the regulation of digital assets and sees this as part of a more comprehensive strategy to secure the United States management role in the area of financial innovations.
In view of growing speculations about the connections of the Trump family to the crypto industry, Hines rejected concerns about conflicts of interest and explained that the children of the president, like all other citizens, are free to take part in the financial markets.
He also confirmed that the government's cryptopolitics was not determined by personal relationships, but of national economic interests. “The President of the United States is not available,” said Hines to questions about a recent purchase of Trump coins through a small company.
Meanwhile, the concept of a strategic Bitcoin reserve in Washington is gaining dynamics. Proponents argue that such a step could help reduce the dependency of the United States on foreign reserves and at the same time offer protection against inflation and currency fluctuations. However, building such a reserve would require legal clarity – another reason why pending legislation is considered crucial.
Although optimistic, Hines admitted that the regulatory process has not yet been completed and can change. Security risks, market volatility and changing political dynamics continue to shape the final form of legislation.
Despite the hurdles, the Trump government seems to be determined to create a regulatory framework that brings innovation and investor protection into harmony and thus sets the course for a new era of crypto integration in US economic policy.
