TechFlow, April 30 — According to CoinDesk, Bo Hines, executive director of the White House Digital Assets Advisory Committee, said today that two major U.S. cryptocurrency bills are expected to be finalized before Congress adjourns in August. The stablecoin regulatory bill has already reached 90% consensus, and a draft for the overall cryptocurrency regulatory framework is expected to be released within weeks. Hines also revealed that the Trump administration is advancing plans for a Bitcoin reserve, but emphasized that taxpayer funds will not be used. In response to external concerns about potential influence from Trump's personal crypto ventures on policy, Hines denied any conflict, stating that the government remains focused on positioning the United States as a global cryptocurrency hub.
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