President Donald Trump’s administration is making significant strides in the regulation of stablecoins and the broader crypto market structure. Bo Hines, executive director of the President’s Council of Advisors on Digital Assets, revealed that the administration aims to finalize legislation before the August 2025 congressional recess.
In an interview with Bitcoin Magazine, Hines outlined a three-phase policy roadmap, including plans to establish a Strategic Bitcoin Reserve through budget-neutral means. The administration is collaborating closely with congressional leadership to advance two key bills—one focusing on stablecoins and the other on the digital asset market structure. These bills will serve as the foundation for a new federal regulatory framework. Additionally, a 180-day interagency report on digital assets will complement the legislation, outlining how federal agencies plan to implement the new framework.
Hines expressed confidence in bipartisan support for the legislation, emphasizing the administration’s commitment to advancing the digital asset agenda. The three-phase policy structure involves demolition, construction, and implementation. The demolition phase involved reversing regulatory measures perceived as hostile to crypto development, such as dismantling enforcement patterns associated with Operation Chokepoint 2.0.
The construction phase is focused on legislative efforts and policy coordination, with the implementation phase set to integrate blockchain technologies into the US financial system. Hines described the administration’s long-term plan as a comprehensive approach to reengineering payment systems and regaining the US’s competitive advantage in financial technology.
In addition to legislative initiatives, the Trump administration is preparing to establish a Strategic Bitcoin Reserve (SBR). The Department of the Treasury is currently auditing agency holdings and evaluating acquisition pathways in line with the executive order signed in March. The SBR will follow a budget-neutral model, with ideas under consideration including revaluing gold certificates, monetizing government-held energy assets, and conducting mining operations on federal land.
A working group is reviewing proposals to determine the most efficient method for BTC accumulation under the SBR. Hines emphasized the administration’s goal to position the US as the “Bitcoin superpower of the world” and underscored Bitcoin’s significance in the country’s vision for long-term economic leadership.
Furthermore, the administration is developing national stockpiles of other digital assets to support innovation within the blockchain sector. This initiative, approved under the executive order signed in March, highlights the administration’s commitment to embracing digital assets as a means of driving economic growth and technological advancement.