According to online reports, Bo Hines, executive director of Trump's Digital Assets Advisory Council, said that the U.S. Congress is actively promoting cryptocurrency legislation and the relevant bills are expected to be completed in the short term. Some major legislative strategic points in the crypto industry's efforts may be addressed in Congress this week. He believes that the two major crypto bills can still meet Trump's August deadline. He also emphasized that the current legislative process is an important step for the U.S. government to promote the regulatory framework for the crypto industry. It aims to provide clear legal guidance and regulatory standards for the digital asset market.