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US President Donald Trump Crypto VenturesIncluding the launch of his Trump MEMECOIN in January, complicated Bipartisan efforts to pass the Stablecoin law, rep. French Hill, a lawmaker on Wednesday, a crypto effort in the Washington industry, said on Wednesday at Consensus 2025 in Toronto.
However, Hill – Chairman of the House Financial Services Committee, which recently issued a draft discussion From the bill on the structure of the market crypto – he said that there is still a strong Bipartisan consensus regarding the need for cryptological legislation, despite the growing frustration of democrats from a possible conflict of interest and opacity of personal crypto investment.
“Despite the politics around Trump MEMECoin and Crypto Investments, which have certainly complicated our work, I still argue that you have constructive members and both parties and both parties and both political parties working on finding consensus,” Hill said in his preliminary conversation with Coindes.
Bipartisan consensus is not limited to the need for stablecoin regulations in the US, Hill said, adding that the legislators on both sides of the aisles also agree on the need for market structure.
“I don’t want to use too modest clichés like peanut butter and jelly, but these accounts work in the sense that if you have a stablecoin where you use it?
At the Summit of the Digital Asset of the White House in March, Trump said that he wanted the Congress to have both Stablecoin and the law on the market structure before the monthly August niche.
“I believe it is feasible,” Hill said. “We are on the way. We have to stick to it and keep it hard and try to hit the term President Trump.”
