Trump’s Crypto Sherpa Bo Hines Says Crypto Legislation on Target for Quick Completion
Strategists for two U.S. bills meant to create an oversight regime for crypto are setting out plans this week to pass legislation in the summer, Bo Hines, the White House official at the center of those efforts, told CoinDesk.
Hines, who President Donald Trump hired as executive director of the Presidential Council of Advisers for Digital Assets, told CoinDesk in an interview that the procedures are being ironed out to move legislation on regulating stablecoin issuers, and the crypto advocates in the White House and Congress will quickly pivot to the bigger bill that will set a full regulatory regime for U.S. crypto markets.
The progress so far puts the efforts “well on pace to achieve what the President desires,” he said, which is that…