Toronto – Despite a recent setback, the president of the United States, Donald Trump, should be able to sign the legislation of Stablecoin and the market structure before Congress leaves in August, he told Wednesday to the White House official, BO HIES.
Legislators are still discussing the legislation, which is good, said Hines, the executive director of the President’s Council of Advisors on Digital Assets, on stage in consensus 2025 in Toronto.
“The negotiations are ongoing,” he said. “But I remain firm in my optimism that we are going to achieve, the president’s desire is to do it, but the legislation of the market structure and the legislation of the market structure.”
Even so, he acknowledged that the legislative process was “evolving.”
Hines said earlier on the day that Trump’s cryptocurrencies, as well as the president’s family ties, did not raise any conflict of interest.
“His children have the right to participate in capital markets as private entrepreneurs, like any other person in the United States,” he said in Coinndesk TV. “I don’t see any conflict in doing so. By the way, it should be exciting that they are involved in this space. If you are a good business person, you should look at digital assets and say: ‘How can I get involved?’ Because this is the next generation of finance. “
He repeated this argument on the stage to consensus.
“As we launch these tariff negotiations and trade negotiations develop themselves, we want to establish ourselves as leaders in financial technology for digital assets in general,” he said.
When asked on CDTV about the reports that a small company was buying Trump coins, Hines said: “I will say very firmly that the president of the United States cannot be purchased.”
The White House and the members of their working group are still working on a strategic Bitcoin reserve, Hins said on stage.
