In a recent disclosure from COINOTAG News, dated May 15th, Bo Hines, the Executive Director of the Presidential Advisory Council on Digital Assets, revealed that President Trump is anticipated to endorse the Stablecoin and Market Structure Act prior to the upcoming August congressional recess. Although finer details are yet to be finalized, this legislative movement signals a pivotal shift in U.S. digital asset policy. Addressing concerns over the Trump family’s participation in the cryptocurrency arena, Hines clarified that the President’s children are engaging as private investors within legal boundaries, stating firmly that “the President cannot be bought.” Furthermore, he reiterated the White House’s commitment to establishing a strategic Bitcoin reserve, indicating a serious governmental interest in bolstering the digital currency framework. This development underscores a growing institutional embrace of cryptocurrency, positioning the administration as a potentially significant player in the sector.
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