Trump’s Crypto Council Forecasts US Stablecoin Bill Within Two Months
- Bo Hines forecasts stablecoin regulation hitting Trump’s desk within two months, following Senate backing of the GENIUS Act.
- Hines highlighted how the GENIUS Act, passed 18-6, set the collateral and AML guidelines for stablecoin issuers with strong bipartisan support.
- Hines also praised bipartisan unity and the Presidential Working Group on Digital Assets for clearing the regulatory path and boosting US market dominance.
Bo Hines, executive director of the President’s Council of Advisers on Digital Assets, said stablecoin regulation in the US could reach President Donald Trump’s desk in “as little as two months”.
Speaking at the Digital Asset Summit in New York, Hines said that stablecoin…
