Bo Hines, the previous White Home crypto director who helped shepherd the administration’s first landmark crypto regulation, the GENIUS Act, has moved to Tether as Technique Advisor for Digital Property and US Growth—and he’s signaling {that a} second pillar of the coverage agenda, a federal Strategic Bitcoin Reserve regulation, is on observe earlier than year-end.
Bitcoin Reserve Act Might Move ‘This 12 months’
In a brand new on-camera dialog with CoinDesk’s Sam Ewen alongside Tether CEO Paolo Ardoino, Hines mentioned he stays “very assured that the US authorities goes to be keenly on transferring expeditiously on budget-neutral methods to build up,” including that President Trump “has been a steadfast chief within the area… This can be a main precedence for him. And that features the SBR.” He went additional: “You’ll have two monumental items of crypto laws signed into regulation this yr, firmly cementing the US’ place because the crypto capital of the world.”
JUST IN: FORMER WHITE HOUSE CRYPTO DIRECTOR BO HINES IS CONFIDENT THE #BITCOIN RESERVE ACT WILL BE SIGNED INTO LAW “THIS YEAR”
2025 WILL BE A HISTORIC YEAR FOR BTC 🔥 pic.twitter.com/CQHtHhwZa2
— The Bitcoin Historian (@pete_rizzo_) August 26, 2025
Hines’ remarks come only a week after his exit from authorities and his appointment at Tether. As head of the White Home’s crypto coverage store, Hines was carefully concerned within the legislative push that culminated on July 18, 2025, when President Trump signed the GENIUS Act into regulation, creating the primary complete federal framework for US dollar-pegged fee stablecoins. The regulation’s passage set the stage for a broader market-structure bundle and gave new momentum to efforts to formalize a Strategic Bitcoin Reserve (SBR) in statute.
Though an govt order on March 6, 2025 already established a federal SBR and a separate US Digital Asset Stockpile for non-bitcoin holdings, the so-called Bitcoin Reserve Act—formally launched in Congress because the BITCOIN Act—would codify and develop that framework.
The White Home directive seeded the SBR with cash already owned by the federal government through forfeiture and barred promoting these holdings, framing BTC as a long-term reserve asset. The Senate model of the BITCOIN Act (S.954), led by Sen. Cynthia Lummis, and the Home companion (H.R.2032) from Rep. Nick Begich would put the reserve on a statutory footing and spell out acquisition authorities and governance. Each payments have been launched in March and referred to committee, giving a 2025 touchdown zone if the Senate strikes.
In his interview, Hines hinted at continuity contained in the administration following his departure—“the final time that we’ve been really in a position to converse on digital asset points was the day earlier than I left, however I’m very assured in Patrick’s [Witt] talents to carry out and ship for the business”—and framed the legislative sequencing forward: GENIUS is completed; market construction and the reserve regulation are the subsequent recordsdata within the queue. “We have now a market construction on the horizon now… I’m assured they’ll be capable to convey that dwelling as effectively,” he mentioned, earlier than reiterating his expectation of two main crypto payments signed in 2025.
Coverage context now issues as a lot as personnel. The March govt order creating the SBR instructs Treasury to carry seized and forfeited bitcoin in a devoted reserve, and it authorizes a Digital Asset Stockpile for different tokens. A White Home reality sheet emphasizes that bitcoin positioned within the reserve is not going to be offered, underscoring the administration’s positioning of BTC as a strategic, long-duration asset slightly than a buying and selling stability. Codification through the BITCOIN Act would take away any ambiguity about acquisition instruments, governance, and reporting, and will create specific “budget-neutral” pathways to build up extra bitcoin.
That debate has featured Treasury Secretary Scott Bessent, whose public messaging has whipsawed in latest weeks. In mid-August, Bessent instructed Fox Enterprise, “We’re not going to be shopping for that,” when pressed on contemporary bitcoin purchases, at the same time as he and Treasury officers concurrently highlighted “budget-neutral” mechanisms beneath analysis. A follow-up put up on X by Bessent clarified that seized bitcoin will anchor the reserve and that Treasury remains to be exploring methods so as to add with out tapping taxpayers—exactly the road Hines invoked.
At press time, BTC traded at $110,530.
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