US lawmakers: Trump's involvement in encryption makes legislation "more complicated", but the stablecoin and market structure bills are still expected to pass before August.

GateUser-6433627c · 2025-05-15T02:29:48+00:00

U.S. Congressman French Hill stated that Trump's involvement in the encryption field complicates legislative work, but there is still hope to pass the stablecoin and market structure bills before August, with bipartisan members seeking Consensus in Congress. He emphasized that these two bills are mutually important and plan to submit them to President Trump before August.

GateUser-6433627c

2025-05-15 02:29:48

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[U.S. Congressman: Trump’s involvement in encryption makes legislation “more complicated”, but stablecoin and market structure bills are still expected to pass before August] U.S. Representative French Hill stated that President Trump’s launch of the TRUMP Meme coin and other encryption businesses “really complicates our work”, but “there are still bipartisan members working behind the scenes in both houses of Congress to seek Consensus”. He emphasized: “I believe it is ‘feasible’ to get the stablecoin bill and market structure bill to President Trump’s desk before Congress recesses in August.” Hill pointed out that the two bills “complement each other”, “that’s why both bills are crucial.”

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