Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
Trump plans to promote the inclusion of crypto assets in the US pension and mortgage system, sparking opposition from Democrats
9hours ago

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.