PANews reported on May 15 that according to CoinDesk, Bo Hines, executive director of the US Presidential Digital Asset Advisory Committee, said at the Consensus 2025 conference in Toronto that despite the uncertainty in the legislative process, Trump is still expected to sign the Stablecoin and Market Structure Act before the August congressional recess. Hines said that the current negotiations are progressing well, but admitted that the details of the legislation are still being adjusted.
In response to questions about the conflict of interest of the Trump family's involvement in the cryptocurrency business, Hines emphasized that it is the legal right for the president's children to participate in the capital market as private investors, and believes that digital assets represent the future direction of the financial industry. When asked about reports that a company purchased TRUMP coins, he made it clear that "the president of the United States cannot be bought." In addition, Hines said that the White House and its working group members are still working on building a strategic Bitcoin reserve.
