President Donald Trump has shown his activism and interest in just two domains since he assumed office in January 2025. While we’ve noted Trump involving himself deeply in tariff policies and their successful global implementation, his second area of interest is the digital asset domain, which he has keenly been pursuing for a while. Both of these policies have now borne fruit, with Bitcoin ascending to new highs under his domain. Moreover, his tariff policies have further pushed the digital asset sector to claim new highs.

That being said, Trump’s executive director of digital assets at the White House, Bo Hines, has recently dropped a new line of crypto revival regimes that the White House can take into consideration to help transform the sector altogether.

Also Read: De-Dollarization Rose Under Biden, It’s Dying Under Trump

Bo Hines’s New Crypto Recommendation For The White House

President's Council of Advisers on Digital Assets, Bo Hines, recently shared his thoughts and optimism about the upcoming cryptocurrency legislation
Source: Rolling Stone

In a recent interview with CNBC, Bo Hines has come up with a new strategic list of essentials that the White House could implement to pioneer the digital asset domain. Hines was asked about the specifics, particularly how the Trump regime is shaping the crypto narrative in the US. Hines, in response to the question, shared how his regime has been instrumental in removing a lot of “blue tape” elements that have been hindering the flow of cryptocurrency adoption in the US.

“This is an industry that’s been beaten down and kicked down over the course of the last decade and a half, more specifically under the Biden regime. All the blue tape that they had to fight through and the headwinds that they were pushing through just to innovate here in the United States are quite remarkable. And the president created this working group on digital assets in which I’m the executive director.” Hines shared

Hines was quick to outline three developments that the US government should focus on next to preserve the true cryptocurrency spirit in the US. Firstly, Hines recommended a demolition phase, which starts with weeding out elements that thwart crypto innovation in the US.

“We’ve had the demolition phase, removing a lot of the blue tape that existed. Eradicating Operation Chokepoint 2.0, which was a real thing under the Biden regime. What this was basically. For your viewers. It was an attempt to prevent digital asset firms from interacting with traditional financial institutional players. And so what we’ve done is we’ve removed a lot of that blue tape that existed there, those overburdensome regulations.” Hines stated

Digital Dollar Supremacy Via Stablecoins

He later recommended a construction phase where the stablecoin framework would be ascertained, which is the genius act launched to conceptualize the digital dollar.

“You know, this is basically a digital dollar. It updates the archaic payment rails within our system. It creates more expeditious and transparent, more cost-effective transactions for the American people. And it also secures U.S. dollar global dominance for decades to come. But the other piece of legislation that we still have to work on is market structure.”

Clarity Act Coming Soon: How Does It Help the US Crypto Narrative?

Alongside that, Hines was quick to outline the CLARITY Act, which is set to focus on the entire cryptocurrency sector’s regulatory narrative. He later mentioned how the White House is also exploring tax reforms and how to safeguard investors from further harm.

“And then look, then we look at implementation. We’re talking about tax reforms in this report. We’re talking about how we protect consumers in this report.”\

Also Read: White House Unveils President Trump’s Cryptocurrency Roadmap

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