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Trump wants Congress to prepare digital asset bill by August

President of the United States Donald Trump expressed hope that Congress will be able to complete the development of the bill on digital assets by August 2025.

Trump wants Congress to prepare digital asset bill by August
08.03.2025
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📝 Summary

President of the United States Donald Trump expressed hope that Congress will be able to complete the development of the bill on digital assets by August 2025.

During a forum on cryptocurrencies held at the White House, Trump reiterated that this is a huge opportunity for economic growth and innovation in the US financial sector. “I also want to express my strong support for the efforts of lawmakers in Congress who are working on legislation to provide regulatory certainty for dollar-backed stablecoins and the digital asset market,” Trump said. He expects lawmakers to put the bill on his desk "until the August recess, if they succeed." Earlier, Trump signed a decree on the formation of a strategic cryptocurrency reserve. As reported on his page in the social network X investor David Sachs, appointed co-chairman of the scientific Advisory Committee under the President and responsible for the policy of the United States in the field of artificial intelligence and cryptocurrencies, the value of the reserve may be about 200 thousand bitcoins.

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