In a major shift in tone from previous administrations, Bo Hines, Executive Director of the President’s Council of Advisers on Digital Assets, says the U.S. is now clearing the path for crypto innovation—and entering what he calls a “golden age for digital assets.”
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In a recent interview with Fox News, Bo Hines laid out the Trump administration’s game plan for making the U.S. the global hub for crypto. He didn’t mince words about the past: “We’ve been in the demolition phase—removing a lot of those barriers that the Biden regime put up so that people can actually start building back here in the United States.”
“The president has made this a priority… Unlike any president before him, he has truly embraced this technological development in a way that no one else has.”
Bo Hines, Executive Director of the President’s Council of Advisers on Digital Assets
According to Bo, President Trump has directed his administration to roll back regulatory hurdles and welcome back crypto players who went offshore under the previous administration’s policies. “My main message to players in the crypto space has been—welcome home,” said Bo. “We are going to create the most pro-crypto-friendly regulatory environment that anyone could possibly imagine.”
One of the top policy moves in the works is the STABLE Act, which sets up a clear framework for dollar-backed payment stablecoins. It’s already passed out of committee with bipartisan support, and Hines believes it could be one of the first landmark bills signed if Trump wins a second term.
“This will truly revolutionize the financial system,” Bo said. “The way Americans move their money will be changed forever—faster payments, more transparency, and broader access.”
A National Crypto Stockpile?
Another bold idea on the table: the creation of a U.S. digital asset stockpile, potentially composed of lawfully seized cryptocurrencies. It’s one of several initiatives being explored by the president’s newly formed interagency working group, which includes officials from the SEC, CFTC, Treasury, and DOJ.
With that team compiling a comprehensive report to be delivered to the president later this year, Bo says their mission is clear: define the most straightforward regulatory framework in the world and reestablish America’s leadership in blockchain innovation.
Want more on the latest trends shaping U.S. crypto policy? Read: 5 Key Trends to Watch This Year in Crypto—From Blockworks’ Digital Asset Summit
