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Trump plans to promote the inclusion of crypto assets in the U.S. pension and mortgage system, sparking opposition from Democrats

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2025-07-28 21:01:41
The Trump administration plans to further integrate crypto assets into the US economy, including by including digital assets such as bitcoin in 401 (k) retirement accounts and home mortgage asset assessments. The Federal Housing Finance Agency has asked Fannie Mae and Freddie Mac to consider borrowers' holdings of crypto assets as collateral, sparking opposition from Democrats such as Senator Elizabeth Warren, who fear the move could destabilize the financial system.
The White House will also release a blockbuster crypto-asset strategy report on Wednesday and may sign an executive order to diversify pension investments to include cryptocurrencies. In addition, the market is concerned about whether the report involves the Federal Reserve mechanism such as the "Bitcoin Strategic Reserve".
Earlier this month, Trump passed the "GENIUS Act" to complete stablecoin regulation legislation, the House of Representatives has passed the relevant market structure bill, and the Senate is also drafting a version, expecting to receive industry feedback by August 5. Despite the congressional recess, the Trump administration has made crypto one of the core agendas for the second half of the year.
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