Trump Plans to Integrate Crypto into U.S. Mortgages and 401(k)s

The White House is preparing to enhance the role of digital assets in the U.S. economy, with President Trump expected to issue an executive order allowing cryptocurrencies in retirement plans like 401(k)s. Key points include:

Executive order may facilitate investment in cryptocurrencies through retirement plans.
A report on crypto policy is set for release, detailing initiatives including potential federal crypto reserves.
Recent orders allow government-backed mortgage companies to accept cryptocurrency as collateral, facing opposition from Democratic lawmakers citing volatility risks.
If successful, these policies could significantly increase crypto usage in everyday finance.
The Senate continues working on crypto market structure legislation; they require substantial bipartisan support for passage.
Feedback on the Senate's draft legislation is due by August 5, ahead of its recess.
Crypto remains a priority on the federal agenda into 2025.