Bo Hines, the former White House crypto director who helped shepherd the administration’s first landmark crypto law, the GENIUS Act, has moved to Tether as Strategy Advisor for Digital Assets and US Expansion—and he’s signaling that a second pillar of the policy agenda, a federal Strategic Bitcoin Reserve law, is on track before year-end.
In a new on-camera conversation with CoinDesk’s Sam Ewen alongside Tether CEO Paolo Ardoino, Hines said he remains “very confident that the US government is going to be keenly interested on moving expeditiously on budget-neutral ways to accumulate,” adding that President Trump “has been a steadfast leader in the space… This is a major priority for him. And that includes the SBR.” He went further: “You’ll have two monumental pieces of crypto legislation signed into law this year, firmly cementing the United States’ place as the crypto capital of the world.”
Policy context now matters as much as personnel. The March executive order creating the SBR instructs Treasury to hold seized and forfeited bitcoin in a dedicated reserve, and it authorizes a Digital Asset Stockpile for other tokens. A White House fact sheet emphasizes that bitcoin placed in the reserve will not be sold, underscoring the administration’s positioning of BTC as a strategic, long-duration asset rather than a trading balance. Codification via the BITCOIN Act would remove any ambiguity about acquisition tools, governance, and reporting, and could create explicit “budget-neutral” pathways to accumulate additional bitcoin.
At press time, BTC traded at $110,530.
