Trump plans to promote the inclusion of encryption assets into the U.S. pension and mortgage system, which has sparked opposition from Democrats.

[Trump aims to promote the inclusion of crypto assets in the US retirement and mortgage systems, sparking opposition from Democrats] The Trump administration plans to further integrate crypto assets into the US economy, including incorporating Bitcoin and other digital assets into 401(k) retirement accounts and housing mortgage asset assessments. The Federal Housing Finance Agency has requested Fannie Mae and Freddie Mac to consider crypto assets held by borrowers as collateral, prompting opposition from Democratic Senator Elizabeth Warren and others, who are concerned that this move could undermine the stability of the financial system. The White House will also release a significant encryption asset strategic report this Wednesday and may sign an executive order to promote more diversified pension investments, covering cryptocurrency. In addition, the market is paying attention to whether the report involves federal reserve mechanisms such as "Bitcoin Strategic Reserves." Earlier this month, Trump completed stablecoin regulatory legislation through the "GENIUS Act". The House of Representatives has passed related market structure legislation, and the Senate is also drafting a version, expecting to receive industry feedback before August 5. Although Congress has entered a recess, the Trump administration still lists the encryption topic as one of the core agendas for the second half of this year.