Trump's crypto chief announced the next two major targets.

Bo Hines, Executive Director of the White House Crypto Council, stated that there are two important goals related to crypto.

According to Hines’ statements to Bitcoin Magazine, one of these is the enactment of the draft laws discussed in the parliament, and the other is the report specified in the first decree, which is requested to be ready within 180 days.

Hines, who said, “So far, we have achieved good results from what we have done, but we have more work to do,” stated that Trump wanted the bills related to stablecoins and market structure on his desk before the August holiday. Hines said, “We respect the agenda of the Senate and House leaders, but I am sure both of these bills will come out with bipartisan support. Congressional leaders are also aware that the U.S. needs to be a global leader in digital assets and financial technology.”

It will become clear whether the idea of “Digital Asset Stock” is feasible.

Hines also stated that another target is the report mentioned in the first decree related to cryptocurrencies signed by Trump.

The decree stated that within 180 days, the Presidential Digital Assets Working Group would submit a report containing legal proposals aimed at developing the policies determined by the decree. The report was requested to include a proposal for a federal regulatory framework regarding the issuance and operation of crypto assets, including stablecoins. Most importantly, it was noted that the working group would examine whether it is possible to create and maintain a national digital asset stock, and would provide recommendations in this regard.

Hines said, “This report will also present a comprehensive vision. That is, after the legislation comes into effect, institutions will clarify how they will approach the sector under the new framework. If we can complete these by August, we will definitely become the ‘crypto capital of the world.’”

Published: April 29, 2025 21:01