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CoinVoice has learned that Bo Hines, the Executive Director of the Trump Digital Asset Advisory Committee, criticized the U.S. Senate for not passing the GENIUS Act in a post on the X platform. He stated that the U.S. Democrats are not doing the right thing for the people, failing to implement common-sense regulations that could have solidified the leadership position in the digital asset innovation field. Bo Hines added that this bill is about building the future, aiming to update outdated payment systems and solidify the U.S. position as a global fintech standard-setter, but now the U.S. has abandoned the opportunity to bring clarity to the market and promote American innovation, resulting in the failure of this transformative legislation.

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