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Trump's Crypto Sherpa Bo Hines Says Crypto Legislation on Target for Quick Completion

  • Bo Hines, a White House official appointed by President Trump, said legislation regulating stablecoin issuers and broader crypto markets targets quick passage before August 2025 recess.
  • This push follows Trump's March order to establish a Bitcoin Strategic Reserve and focus on integrating crypto assets into U.S. Economic policy and trade agendas.
  • Commerce Secretary Howard Lutnick confirmed the reserve's creation to support the Bitcoin community and highlighted plans to track Bitcoin like gold in official economic data.
  • Bitcoin traded near $94,300 as of late April 2025, while lawmakers aim to finalize aligned crypto bills regarded as a potential financial marketplace revolution.
  • The administration's efforts suggest increased federal acceptance and support for Bitcoin, potentially fostering innovation and positioning the U.S. As a digital asset leader.
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crypto.news broke the news in on Monday, April 28, 2025.
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