Cryptographic policy now representing one of President Donald Trump’s most concrete achievements during his second term, the White House would occur towards new movements to fix digital assets in a more important role in the American economy.
Trump is widely supposed to issue an executive decree which calls for American retirement plans – 401 (K) which represent a large segment of American investment – to open more on less traditional assets, which could include cryptocurrencies. If this happens, this could alleviate a large part of the investment audience in digital assets, although there is still a market that still lacks formal American rules.
The report of his administration on the crypto requested within the framework of the Policy of the Order of January on the digital assets of Trump should also emerge on Wednesday, and the initiates of Crypto are expected. The industry will look closely at updates on the federal training of cryptographic reserves – including the so -called Bitcoin strategic reserve – and information on other initiatives, including potentially cryptographic tax issues.
The director of Trump of the Federal Housing Finance Agency, William Pulte, also recently ordered the mortgage giants supported by the Fannie Mae and Freddie Mac government to make plans to include assets in a borrower among the assets that can safeguard their mortgage. This decision has now attracted the opposition of Democratic legislators, notably Senator Elizabeth Warren, who regularly opposed Trump’s crypto maneuvers.
“The expansion of the subscription criteria to include taking into account non -converted cryptocurrency assets could present risks to the stability of the housing market and the financial system”, according to a letter to Pulte of several Democratic senators alongside Warren – the Democrat for the classification of the banking committee of the Senate. The letter cited the strong volatility of cryptography as a danger in the subscription of mortgages.
If Crypto found entry into daily retirement economies, mortgage loans and has become an important reserve in federal fiscal policy, changes could considerably expand the use and appetite of crypto in the United States, which the president has promised will become world capital of digital assets.
The opposition democrats had undergone an overwhelming setback in the actions of the Congress of this month which saw a major segment of their party support the initiatives of Crypto. However, the wider test still arrives, when the Senate tries to move forward on its bill to establish rules for American cryptographic markets.
Now that the surveillance of the stablescoin has been established with the guide and the establishment of national innovation for the Stablescoins (engineering) law with which Trump marked a first big victory during this month’s crypto week, the Senate must obtain sufficient support for its legislative effort on the structure of the market, given in the form of a partial project last week. Although the House of Representatives has approved a similar bill known as Digital Asset Market Clarity Act, the Senate is working on its own legislation which will again have to erase more than 60 yes, which means a repetition of significant support for the engineering of democrats.
The industry is faced with a deadline next week of August 5 to give legislators some comments on the discussion project, although this date is beyond the recess of August of the Senate in which the legislators will generally be far from Washington for their summer vacation. The legislators of the house have already started their recreation.
In the absence of Congress, Washington tends to end at a slower pace, but Crypto should continue its position near the summit of the federal agenda until the rest of 2025.
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