With cryptopolitics that now represents one of President Donald Trump’s most concrete results in his second period, the White House is allegedly ready for further movements to bring digital assets in a more prominent role in the US economy.
Trump is expected to be broadly issuing a executive order that calls for US pension plans – the 401 (K) representing a large segment of us investing – to open further to less traditional assets that can allegedly include cryptocurrencies. If that happens, it can facilitate a large part of the investment audience in digital assets, although it remains a market that still lacks formal US rules.
His Administration’s report on Crypto demanded during Trump’s January policy on digital assets that are also set to emerge Wednesday, and it is expected by cryptoinsids to be long -lasting and far -reaching. The industry looks closely for updates on the federal formation of cryptor reserves-Inclusive the so-called Bitcoin Strategic Reserve and Information on other initiatives that potentially include crypto-tax cases.
Trump’s Director of Federal Housing Finance Agency, William Gritte, also recently ordered government-supported mortgage giants Fannie Mae and Freddie Mac to plan to include a borrower’s crypto-holdings among assets that can back up their mortgage. This step has now drawn opposition from democratic legislators, including Senator Elizabeth Warren, who has steadily opposed Trump’s cryptic chief.
“Expansion of insurance criteria to include the consideration of unconverted cryptocurrency assets may pose the risks of the stability of the housing market and the financial system,” according to a letter to the desk of several democratic senators along with Warren – the ranking Democrat of the Senate Bank Committee. The letter cited Crypto’s high volatility as a danger of insurance of priority loans.
If crypto found entry into everyday retirement, mortgage loan and became a significant reserve in federal fiscal policy, the shifts could dramatically extend the use and appetite of crypto in the United States, as the president has promised will become the world capital of digital assets.
Opposition Democrats had suffered a crushing setback in this month’s congressional actions that saw a large segment of their party support cryptoinitiatives. However, the larger test is still coming when the Senate tries to move forward on its bill to establish rules for US crypto markets.
Now that the StableCOin supervision is established with the guidance and establishment of the National Innovation for US StableCecoins (Geni), which Trump marked a first major victory of this month’s Crypto Week, the Senate has to receive sufficient support for its legislative efforts on the market structure, seen in part of the draft last week. Although the House of Representatives approved a similar bill known as Digital Asset Market Clarity Act, the Senate is working on its own legislation, which in turn has to clear more than 60 Yes votes, which means a repeat of Genius’ fierce support from the Democrats.
The industry is facing a deadline next week on August 5 to give the legislators some feedback on the draft discussion, although this date is outside the Senate August Transport, where legislators will generally be away from Washington for their summer vacation. Reminders already began their recess.
In the absence of Congress, Washington tends to win down to a slower pace, but Crypto is expected to continue its position near the top of the federal agenda through the rest of 2025.
Read more: Trump signs the Genius Act in Law that raises the first major crypto effort to become politics
