US congressman: Trump's involvement in encryption makes legislation "more complicated", but the stablecoin and market structure bill is still expected to be passed before August

U.S. Representative French Hill said that President Trump's launch of crypto businesses such as the TRUMP Meme coin "does complicate our work," but "there are still bipartisan members working behind the scenes in both houses of Congress to find consensus." He emphasized: "I think it's feasible to send the stablecoin bill and the market structure bill to President Trump's desk before the August recess." Hill pointed out that the two bills "complement each other" and "that's why both bills are critical."