Bo Hines, the White House’s Director of Digital Assets, has again emphasized the United States’ friendly disposition towards Bitcoin and the crypto industry.
At his appearance at the ongoing Bitcoin 2025 Conference, he noted that through its well-structured policies, the United States is on its way to becoming a Bitcoin superpower and the global crypto capital.
The United States Pushing for Regulatory Clarity
When asked by Miles Jennings, the conference’s coordinator, about the growing bipartisan support for Bitcoin and other innovations, such as stablecoins, Hines emphasized that this was a significant development for the industry in the United States. Notably, he expressed confidence that legislation like the GENIUS Act will pass, injecting capital into the digital asset market.
The GENIUS stablecoin act passed a vote last week and has moved to the next approval phase. Hines noted that the bipartisan support for the passage suggests a sense of unity for the first time in a while to foster digital asset innovation in the US.
He noted that the bill would replace outdated payment rails with stablecoin innovation, attracting capital to the crypto sector and serving as a tissue between the legacy financial system and the digital industry. Interestingly, David Sacks, the White House AI and crypto czar, shares a similar bias.
Sacks stated in a recent interview that the stablecoin bill would attract trillions of dollars in demand for the US Treasury. Notably, several entities are already tokenizing U.S. securities, increasing capital inflow into the U.S. economy.
The US Is Going All in on Bitcoin
Meanwhile, Hines highlighted that Bitcoin is the golden standard, calling the asset “digital gold.” The White House executive also noted that Bitcoin is the “immaculate conception,” and it fits into the commodities category.
Furthermore, he reiterated that America wants Bitcoin badly. Hence, he and the Crypto Working Group are seeking ways to acquire the asset in a neutral budget manner, as the president has stated. Recall that Donald Trump issued the condition while signing the bill to create a US strategic Bitcoin reserve in March.
Again, he assured that the US would not sell any of its BTC. Instead, it would harness the potential of the pioneering cryptocurrency on behalf of the American people. Notably, data from Bitcoin Treasuries shows that the United States holds the largest Bitcoin reserve among countries, with its stash at 198,012 BTC ($21 billion).
Hines also noted that the United States wants as much Bitcoin as it can possibly acquire, reestablishing its commitment to increase its holdings substantially. Currently, the working group is considering several options, including tariff revenues and profit from reassessing gold certificates.
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