In the midst of a major shift towards digital assets in the United States during the administration of President Donald Trump, supportive of the quarter, the American Senator Sinatia Lomes (R-WY) presented the mortgage law in the twenty-first century, a new legislation aimed at modernizing the mortgage system in the country with encryption.
This step follows the passage of three major encryption projects in both Congress and the House of Representatives, including GeniusIt was already signed in the law, indicating an increased acceptance of digital currencies in the financial framework.
Inclusion of encryption in the mortgage eligibility
The mortgage law in the twenty -first century seeks to claim the companies sponsored by the government, such as Fanny and Faridi Mac, to consider digital assets when evaluating the eligibility of real estate mortgages with a single family.
This initiative is in line with the direction of William Poltti, Director of the Federal Housing Finance Agency, who called for the inclusion of the cryptocurrency as the asset in loan assessments.
According to Senator advertisementLegislation aims to reflect the facts of the digital economy, while realizing that many American young people benefit from digital assets as a way to build wealth.
In her statement, Senator Lomes stressed the urgency of addressing the “home ownership crisis” facing young generations:
The American dream of home ownership is not a reality for many young people. This legislation includes an innovative way to build wealth, taking into account the increasing number of young Americans who have digital origins.
Lomes argued that he is in a rapid development Digital sceneGovernment agencies should adapt to support a modern and advanced generation forward instead of strangling.
American youth resort to digital assets
The proposed legislation will show Fannie Mae (Federal Mortgage National Association) and Faridi Mac (FBI) to the factors in digital assets, which are registered on the safe professor, protected by encryption, as part of them Real estate mortgage risk assessments.
It is worth noting that Senator stressed that this new law will prevent the compulsory conversion of encryption principles to traditional currency, and thus respect the fundamental value of digital wealth.
This encryption initiative comes at a time when American youth suffer from unprecedented problems with home ownership. According to the American Statistical Office data in Lummis, the ownership rates of the home for individuals under the age of 35 have decreased to only 36.6 %, which represents the lowest levels recorded since 1982.
At the same time, this age group was said to have turned into digital assets as a basic strategy for The accumulation of wealth. The 2025 State Holding Report indicates that 21 % of adults now have an encrypted currency, with 67 % of encryption holders under the age of 45.
As of the writing of these lines, Bitcoin (BTC), the largest encrypted currency in the market, is traded at $ 117,800. This decreased slightly more than 4 % of the index of $ 123,000, which was reached on July 14.
Distinctive image from Dall-E, Chart from TradingView.com
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