The administration of President Donald Trump aims to finalize the legislation on the structure of the stable and cryptography market before the recess of the August 2025 congress, according to Bo Hines, executive director of the President’s Council of Councilors on digital assets.
In a recent interview with Bitcoin Magazine, Hines described a three -phase roadmap and discussed the plans to launch a Bitcoin Strategic Reserve (BTC) by neutral budgetary means.
He confirmed that the administration is working in close collaboration with the leadership of the congress to advance two key bills, one focused on stablecoins and another on the wider structure of the digital asset market.
The objective is to use both to train the basics of a new federal regulatory framework. If it is promulgated, a 180 -day interinstitutions report on digital assets established under the first decree of the Trump administration will complete the bills.
The report will describe how federal agencies intend to operationalize the new framework.
Hines added:
“We feel extremely confident that these two laws will move forward with bipartite support.”
Political structure in three phases
Hines said that the agenda for digital assets of the administration will be structured in three phases: demolition, construction and implementation.
The demolition phase consisted in reversing the regulatory measures of the previous administration, which were considered hostile to the development of cryptography.
This included the dismantling of the application models associated with the ChokePoint 2.0 operation and the accommodation of the first summit of the White House cryptography to engage directly with the stakeholders in the industry.
The ChokePoint 2.0 operation is the name given to the alleged efforts of American financial regulators to hinder the access of cryptographic companies to banking services.
The construction phase focuses on legislative efforts and the coordination of policies, while the implementation phase will follow, integrating blockchain technologies into the American financial system.
Hines has described this long-term plan as a global approach to the relegation of payment and retirement systems for the competitive advantage of the United States in financial technology.
Strategic bitcoin reserve
In addition to its legislative initiatives, Hines stressed that the Trump administration is preparing to create a Bitcoin Strategic Reserve (SBR).
The Ministry of the Treasury is currently checking the assets in the agency and assesses the acquisition routes by the Executive decree signed in March.
Hines noted that the audit has grown smoothly with the complete participation of agencies and that the Treasury now aggregates the data to support the next steps.
The executive decree requires that the accumulation of BTC under the SBR will follow a neutral budgetary model, not guaranteeing any additional burden for taxpayers. Study ideas include the reassessment of gold certificates, the monetization of energy assets held by the government and the realization of mining operations on federal land.
A working group examines the proposals to determine and implement the most effective method.
Hines revealed:
“We want to move as quickly as possible. There is certainly a kind of spatial race with regard to the accumulation of this asset, not different from that with gold.”
In addition, he said that the United States considered bitcoin “digital gold” and intends to accumulate as much as possible by using fiscally responsible mechanisms.
In addition to the SBR, the administration develops national stocks from other digital assets to support a wider innovation in the blockchain sector, which was also approved under the executive decree signed in March.
However, Hines has reaffirmed that Bitcoin remains at the heart of the vision of the administration of long -term economic leadership.
He concluded:
“We have placed ourselves to be the bitcoin superpower of the world, and we will deliver the president’s priorities with regard to this.”
