TechFlow, May 15 — According to CoinDesk, Bo Hines, Executive Director of the U.S. Presidential Advisory Committee on Digital Assets, said at Consensus 2025 in Toronto that despite recent setbacks, President Trump is expected to sign stablecoin and market structure legislation before Congress adjourns in August.
Hines stated that legislative negotiations are ongoing and expressed optimism about achieving the goal. He also revealed that the White House and its working group are advancing a strategic bitcoin reserve initiative. Regarding the Trump family's ties to cryptocurrency, Hines said there is no conflict of interest, noting that Trump’s sons, as private entrepreneurs, have the right to participate in capital markets. In response to reports about small companies purchasing TRUMP tokens, Hines emphasized, "The U.S. President is not for sale."
