Trump Still on Track to Sign Crypto Legislation by August: White House's Bo Hines | COINDESK DAILY
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 15 May 2025
⏱️ 3 minutes
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Summary
Host Christine Lee breaks down the latest news in the crypto industry as President Donald Trump is reportedly on track to sign stablecoin and market structure legislation before Congress recesses.
White House official Bo Hines says President Donald Trump is on track to sign stablecoin and market structure legislation before Congress recesses in August despite a recent setback. Plus, Cantor Fitzgerald Chair Brandon Lutnick weigns in on Tether's reserves and Cardano founder Charles Hoskinson announced the "Glacier Drop" airdrop. CoinDesk's Christine Lee presents "CoinDesk Daily."
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This episode was hosted by Christine Lee. “CoinDesk Daily” is produced by Christine Lee and edited by Victor Chen.
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Transcript
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| 0:57.4 | Let's check in on the top headlines in crypto today. It's Thursday, May 15th, 2025. |
| 1:00.4 | This is a CoinDus Daily special from Toronto. |
| 1:03.6 | We're coming to you from the CoinDust Studio at Consensus 2025, sponsored by Moon Pay, the global |
| 1:09.3 | leader in crypto payments, building up its payment stack from |
| 1:12.8 | on ramps and trading infrastructure to now enabling commerce and asset management. President Donald |
| 1:19.4 | Trump is on track to sign stable coin and market structure legislation before Congress recesses |
| 1:24.3 | in August, despite a recent setback, according to White House official |
| 1:28.2 | Bo Hines. Speaking at Consensus 2025, Trump's crypto advisor expressed optimism about ongoing |
| 1:34.8 | negotiations and defended the Trump family's crypto ties denying any conflict of interest. |
| 1:40.5 | The administration is also working on a strategic Bitcoin reserve, aiming to position the U.S. as a Bitcoin superpower and the crypto capital of the world. |
| 1:50.8 | Meanwhile, Cantra Fitzgerald Chair Brandon Lutnik personally verified Tether's reserves, asserting the stable coin is fully backed and holds more treasuries than Germany. |
| 2:03.6 | Lutnik's firm manages Teth's treasury portfolio. At Consensus 2025, he dismissed concerns about the company's transparency, |
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