Odaily Planet Daily News: The Trump administration plans to further integrate crypto assets into the U.S. economy, including incorporating digital assets such as Bitcoin into 401(k) retirement accounts and mortgage asset assessments. The Federal Housing Finance Agency has asked Fannie Mae and Freddie Mac to consider borrowers' crypto assets as collateral, sparking opposition from Democrats such as Senator Elizabeth Warren, who are concerned that this move may shake the stability of the financial system. The White House will also release a heavyweight crypto asset strategy report on Wednesday and may sign an executive order to promote more diversified retirement investment, including cryptocurrencies. In addition, the market is concerned about whether the report involves federal reserve mechanisms such as the "Bitcoin Strategic Reserve". Earlier this month, Trump passed the "GENIUS Act" to complete the stablecoin regulatory legislation. The House of Representatives has passed the relevant market structure bill, and the Senate is also drafting a version, looking forward to receiving industry feedback before August 5. Although Congress has entered a recess, the Trump administration still lists crypto issues as one of its core agendas in the second half of this year.
