CynthiaLummis

U.S. Senator Cynthia Lummis of Wyoming has introduced a bold proposal that could fundamentally reshape how Americans finance their homes. Her new legislative bill, titled the "21st Century Mortgage Act", envisions that cryptocurrencies could be recognized as legitimate collateral for mortgage applications.

📌 What does it mean in practice?

Holders of digital assets like Bitcoin or Ethereum wouldn't have to sell and convert their tokens into dollars to qualify for a mortgage. Instead, they could use their crypto directly as collateral, and lenders would be allowed to consider the value of these assets, much like stocks or cash reserves.

📢 A modern solution for a new generation

Senator Lummis described the bill as a “modern tool for wealth-building”, reflecting the changing behavior of investors—especially younger generations. According to recent data, only 36% of Americans under 35 own a home. Cryptocurrencies, she says, could provide these tech-savvy individuals with a new path to homeownership.

📉 But not everyone is on board…

Some lawmakers are concerned. A group of Senate Democrats expressed strong opposition to including cryptocurrencies in the housing system as standard collateral. They argue that digital assets are still too volatile, illiquid, and unpredictable to be considered stable security for long-term loans like mortgages.
In a letter to the head of the Federal Housing Finance Agency (FHFA), the senators warned that even moderate drops in crypto value could jeopardize borrowers’ ability to repay, threatening the stability of the housing market. They also cautioned that this could fuel housing price bubbles and speculation.

🏛️ Crypto gaining ground in legislation

Lummis’s mortgage proposal is part of a broader wave in which digital assets are becoming central to U.S. legislative attention. She also supports a separate bill aimed at defining the roles of the SEC and CFTC in regulating the crypto market.
Another popular bill—especially among conservatives—seeks to ban the creation of a central bank digital currency (CBDC) in the U.S., citing privacy concerns and government overreach. This proposal has already passed the House and could reach the Senate in the fall.

📍 Support in the House too

A similar version of the mortgage bill was introduced in the House by Representative Nancy Mace, who proposed that lenders should be required to consider digital assets held through regulated crypto broker accounts when evaluating mortgage applications.

🌐 Is the world catching up – or leading?

While the U.S. debates legislation, Australia is already launching Bitcoin-backed mortgages. Block Earner announced such a product after an Australian court ruled that the company’s crypto lending offerings do not fall under current financial product laws.

🔹 Summary:

The proposed bill recognizing cryptocurrencies as mortgage collateral could open the door to homeownership for thousands of Americans, though it also raises new risks, as highlighted by Democratic lawmakers. In any case, it marks another significant step toward integrating crypto into mainstream finance.

#CynthiaLummis , #DigitalAssets , #CBDC , #defi , #Cryptolaw

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

👀 However, the market seems indifferent. It’s still recovering from last week’s hype when Cynthia Lummis teased “big news,” sparking speculation about a Bitcoin reserve—only for it to turn out to be her appointment as Chair of the Senate Digital Assets Committee. 🤷
#CynthiaLummis #BitcoinReserve

Senator #CynthiLummis continues her mission to position the United States as a global leader in the digital asset space. Recently, she met with Paul Atkins, a former SEC Commissioner and a nominee for SEC Chair under the Trump administration, to discuss potential reforms in SEC regulations. The meeting centered on creating a balanced regulatory framework that supports innovation while maintaining oversight.

Lummis, a staunch Bitcoin advocate, highlighted her Bitcoin Strategic Reserve Act, a groundbreaking proposal that aims to have the U.S. Treasury acquire one million Bitcoins over the next five years and hold them for two decades. The plan is rooted in Bitcoin's unique attributes of scarcity and decentralization, which Lummis believes can serve as a hedge against inflation and contribute to addressing the nation’s $36 trillion debt. Inspired by El Salvador’s adoption of Bitcoin, she envisions incorporating Bitcoin into the nation’s fiscal policies to spur economic growth and establish the U.S. as a leader in digital innovation.

Strategic Partnership for Crypto Policies🎉

Lummis' discussion with Atkins builds upon her previous conversations with David Sacks, a prominent cryptocurrency advocate and former PayPal executive. Together, they aim to refine regulatory policies that provide clarity and foster innovation. Atkins, known for his crypto-friendly stance, brings invaluable experience and a vision of balanced oversight to the SEC. This approach contrasts with the previous administration's often criticized enforcement-heavy tactics under Gary Gensler.

During the meeting, Lummis and Atkins addressed the gaps exposed in high-profile cases like the Ripple Labs lawsuit, where the SEC faced criticism for inconsistencies in its regulation of digital assets. The senator emphasized the importance of clear, actionable rules that protect the market while encouraging blockchain innovation. With Atkins and Sacks supporting her agenda, Lummis is poised to drive a comprehensive overhaul of the U.S. crypto policy framework.

Paving the Way for the Future of Digital Assets🔥🔥🔥

Cynthia Lummis’ vision extends beyond regulation. By advocating for Bitcoin's integration into U.S. fiscal policy and championing reforms within the SEC, she seeks to position the nation at the forefront of the global cryptocurrency landscape. Her two-pronged strategy of regulatory clarity and economic innovation promises to unlock new growth opportunities for the blockchain sector while solidifying the U.S.’s leadership in digital assets.

With fresh leadership at the SEC and a collaborative approach to policymaking, Lummis is determined to shape a future where cryptocurrencies play a central role in the American economy. Her efforts signal a new era for blockchain and digital assets, where innovation and regulation coexist to drive progress.

#BitcoinIntegration #CryptoRegulations #BlockchainInnovation #USCryptoLeadership #CynthiaLummis

The three-day Bitcoin 2025 conference in Las Vegas has wrapped up — leaving behind a wave of inspiration, powerful speeches, and renewed vision for the crypto space. The event gathered tech visionaries, political figures, and hardcore Bitcoiners. If you missed it, here’s everything you need to know.

Over 400 Speakers Took the Stage – From Saylor to Trump
More than 400 leaders and speakers delivered their insights on Bitcoin’s growth, market developments, regulation, and adoption. Notable names included:
🔹 Michael Saylor (MicroStrategy)

🔹 JD Vance (Vice President of the U.S.)

🔹 Ross Ulbricht

🔹 Jack Mallers (Strike)

🔹 Eric & Donald Trump Jr.

🔹 Senator Cynthia Lummis

🔹 SEC Commissioner Hester Peirce

JD Vance: “Bitcoin Is a Symbol of Freedom”
U.S. Vice President JD Vance delivered a powerful address, calling Bitcoin a defense mechanism against government surveillance and poor fiscal policy.
He praised President Trump’s crypto initiatives and emphasized that America should lead the digital finance revolution. Vance added that stablecoins aren’t a threat but rather a multiplier of economic strength.

Michael Saylor: 21 Paths to Wealth
Michael Saylor shared his philosophy of wealth and called Bitcoin the foundation of prosperity, not just an investment. He unveiled plans from MicroStrategy to launch Bitcoin-backed stock offerings and distanced the firm from becoming a traditional bank.

Ross Ulbricht: Freedom, Decentralization, Unity
In his first public appearance since receiving a pardon from President Trump, Silk Road founder Ross Ulbricht delivered an emotional speech about his prison experience and the core values of Bitcoin.
“Gaining freedom is as powerful as losing it. I’m free — and it’s thanks to you. Thank you, thank you, thank you.”

Jack Mallers: Fiat Is the Problem, Bitcoin Is the Solution
Strike founder Jack Mallers criticized fiat currencies and introduced a new Bitcoin-backed lending system offering loans from $10,000 to $1 billion with 9–13% interest rates.
He emphasized that Bitcoin was invented to protect time, energy, assets, and sovereignty — values that fiat systems erode.

Trump Family: The U.S. Will Lead the Crypto Revolution
Eric and Donald Trump Jr. expressed strong support for crypto and confirmed the administration’s commitment to making the U.S. a leader in digital assets. They criticized the inefficiencies of traditional finance and highlighted the power of decentralization.
Eric Trump credited Michael Saylor for inspiring him to mortgage Mar-a-Lago to buy BTC.

Cynthia Lummis & Hester Peirce: Clear Rules, Fair Treatment
Senator Cynthia Lummis received widespread praise for championing the Genius Act and proposing the creation of a U.S. strategic Bitcoin reserve. Her message: “Bitcoin is a growing asset while Congress devalues the dollar.”
SEC Commissioner Hester Peirce also spoke about regulatory progress and stressed the need for clear and fair rules that treat crypto businesses equally — not exceptionally.

Conclusion:
Bitcoin 2025 made it clear: Bitcoin is no longer niche — it’s at the heart of a global conversation about freedom, innovation, and the future of money. With support from leaders in politics, tech, and finance, Bitcoin continues to evolve as a tool for growth, protection, and change.

#BTC , #bitcoin , #MichaelSaylor , #CynthiaLummis , #CryptoNewss

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

In a significant step toward embracing the digital economy, U.S. Senator Cynthia Lummis has introduced a standalone bill aimed at reforming the tax treatment of cryptocurrencies. The legislation seeks to eliminate double taxation and provide a clear legal framework for crypto staking, mining, and lending activities.

🔹 Tax Exemptions for Everyday Transactions:

The proposed bill introduces capital gains tax exemptions for crypto transactions under $300, with an annual cap of $5,000. This move aims to facilitate daily crypto usage and reduce bureaucratic burdens for ordinary users.

🔹 Support for Charitable Donations:

Lummis also wants to simplify crypto donations. Her bill proposes tax exemptions for lending contracts and digital assets used in charitable giving — particularly for tokens with clearly identifiable market value due to active trading.

🔹 Taxation Upon Sale of Staked or Mined Assets Only:

The bill stipulates that mining and staking rewards will not be taxed upon receipt but only when sold or disposed of. These rewards would be treated as ordinary income, helping prevent liquidity issues from taxing unsold assets.

🔹 Mark-to-Market Option for Traders:

Lummis proposes allowing digital asset traders to elect mark-to-market accounting, similar to stock and commodity traders. This would remove unfair tax discrimination between asset types and better reflect economic activity.

🔹 Estimated Budget Impact:

According to the Joint Committee on Taxation, the bill could bring a net fiscal gain of approximately $600 million between 2025 and 2034.

Higher Chances of Passage Than Ever Before
Senator Lummis hopes her bill — backed by crypto advocates and some senators — will smoothly make its way to President Trump’s desk. With the current administration being more crypto-friendly, this initiative stands as one of the most promising efforts to modernize crypto legislation in the U.S.
Lummis has long been a pro-crypto voice in the Senate. Earlier this year, she was appointed Chair of the Senate Banking Subcommittee on Digital Assets. She’s also a prominent supporter of creating a U.S. Bitcoin reserve under the Treasury Department.

#CynthiaLummis , #cryptolegislation , #cryptotax , #DigitalAssets , #Regulation

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“