Online reports that Bo Hines, executive director of Trump's Digital Assets Advisory Council, issued a post on platform X criticizing the U.S. Senate for failing to pass the GENIUS bill. He said that U.S. Democrats are not doing the right thing for the people and failing to implement common-sense regulations that could have consolidated leadership in the field of digital asset innovation. Bo Hines added that the bill is about building the future, aiming to update outdated payment systems and consolidate the United States 'position as a global fintech standard-setter, but now the United States has given up the opportunity to bring clarity to the market and promote American innovation, resulting in the failure of the transformative legislation.