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Senator Lummis Champions New Crypto Bill To Enable Local Loan Payments

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When you switched a curve to the United States under the President Donald Trump Administration, Senator Cynthia Lummis (R-Wy) has introduced the 21st Segment Act, a new piece of the country’s financial system.

This movement follows the latest drain of Crypto in Congress and the House of the representatives, including The Genius ActHe is already signed in the law, which reflects the growing acceptance of digital finances within the framework.

Crypto installation in the identification of a mortgage

Lumis’ 21st financial system wants to require government-sponsored businesses such as Fannie Mae and Freddie Mac to consider digital assets when assessing the fees of commercial fees.

The program is aligning the Willibo from William Pulte, the US FEDERAL HOUSING AGENCY Director, encouraged Cryptocurrency installation as an asset in loan evaluation.

According to the Senator’s announcementThe law aims to show digital economic facts, note that many young people include digital goods as a wealth.

In his statement, Senator Lummis emphasized the urgency of dealing with “household household problem” facing small generations:

The American Coornal’s Right is not a reality to many young people. The Act includes a new approach to building, remembering the growing number of young Americans with digital assets.

Lummis denied that in the prompt Digital natureGovernment agencies must be adaptable to support today’s generation and the approval we need rather than catch new things.

Smaller Americans turn to digital goods

The proposed law will teach the Federal Mae (Federal National Refercation Association) and Freddie Mac Accumulation of financial risk.

Senator is noticed, Senator asserted that the new Bill would block the compulsory conversion of Crypto assets in traditional currency, thus respecting digital wealth.

This Crypto program comes at the time when young Americans faces unprecedented problems in the Home Celebrity. According to the information from the US Census Bureau at the Lummis address, the prices of homeless dominates under 35 years.

At the same time, this age group is reported to digital assets as the main plan of accumulation of wealth. The 2025 state of Crypto’s reports show that 21% of Americans now have a Cryptocurrency, which has 67 percent of the Crypto owners under 45 years.

Crypto
The 1D chart shows the combination of the BTC pricing below all the top time. Source: Btcusdt in KhedBview.com

As for this writing, BTC), the largest Cryplocurren of the market, trading for $ 117,800. This drops over 4% from its highest record of $ 123,000, reached July 14.

Picture entered from Dall-e, chart from TradingView.com

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