The U.S. House of Representatives is currently deliberating a new draft bill aimed at establishing a comprehensive regulatory framework for digital assets. This initiative seeks to clarify the classification of digital assets, distinguishing between those considered securities and those deemed commodities. The proposed legislation outlines processes for issuing and trading digital assets without necessarily falling under the purview of the 1933 Securities Act, while maintaining that assets functioning as swaps, futures, or derivatives must comply with existing regulations.
However, the draft has encountered political resistance. Representative Maxine Waters, the leading Democrat on the House Financial Services Committee, has opposed a joint hearing on the bill, citing concerns over its implications and the need for more comprehensive oversight.
In parallel, the U.S. housing market in 2025 is experiencing challenges due to high mortgage rates and economic uncertainties. Mortgage rates, averaging around 6.76%, have led to a slowdown in home sales, with March 2025 recording the slowest existing home sales since 2009. Additionally, recent tariff policies have increased building material costs, further impacting the housing sector.
Despite these challenges, the U.S. housing market is projected to grow, with its size estimated at USD 52.14 trillion in 2025 and expected to reach USD 72.88 trillion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.9%.
Investors and market participants are closely monitoring these developments, as they have significant implications for various sectors, including real estate and digital assets.