US Must Move Fast—Bitcoin Race Has Already Begun, Says Bo Hines

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Bitcoinist 1d ago

US Must Move Fast—Bitcoin Race Has Already Begun, Says Bo Hines - Bitcoinist

Quick Summary:

The Council, under the leadership of Hines and venture capitalist David Sacks, has positioned itself as a key interagency bridge between the White House, Capitol Hill, and industry stakeholders.

That acceleration is already visible.“It would be a derelict of duty if we don’t get both market structure and stablecoin legislation on the President’s desk before the August recess,” Hines declared, referring to two major bills currently advancing in Congress.

Hines characterized the Biden-era digital asset policies as “lawfare” and regulatory obstructionism that forced innovators offshore.