Executive Director of Trump's Digital Asset Advisory Council: Crypto Legislation Expected to be Completed Quickly

Bo Hines, executive director of the Trump Digital Asset Advisory Council, said that the US Congress is actively advancing cryptocurrency legislation, and the relevant bills are expected to be completed in the short term. Some major legislative strategic points of the crypto industry efforts may be addressed in Congress this week. He believes that the two major crypto bills are still able to meet Trump's August deadline. He also emphasized that the current legislative process is an important step in the US government's push for a regulatory framework for the crypto industry, aiming to provide clear legal guidance and regulatory standards for the digital asset market.