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Bill Pulte, the head of the FHFA, the federal government agency that oversees Fannie Mae and Freddie Mac wants the mortgage giants to consider accepting a homebuyer’s cryptocurrency holdings in their criteria for buying mortgages from banks.

A full House vote last week advanced the bipartisan Deploying American Blockchains Act (H.R.1664) introduced by U.S. Representatives Kat Cammack (FL-03) and Darren Soto (FL-09). 

A vote of the Senate companion bill has not been scheduled: Senate Bill: (S.1492) Deploying American Blockchains Act, co-sponsored by U.S. Senators Bernie Moreno, Tim Sheehy, and Lisa Blunt Rochester.

Key U.S. Senator Tells White House Crypto Market Structure Bill Will Be Done by Sept. 30. The Senate and House are sending mixed messages on the most important crypto legislation awaited by the industry, with a new Senate deadline set.

Senate to take up crypto market structure proposal in September, key Republicans say. Senate Banking Chair Tim Scott wants the House to quickly adopt a separate Senate-passed stablecoin bill known as the GENIUS Act.

White House stablecoin push collides with efforts to combine crypto bills.

Cleve Mesidor's latest Forbes article makes the case that debates about risk do not have to be feared as covert attempts to undermine or derail the crypto industry. The path to greater bipartisanship in crypto policy may be normalizing risk mitigation as core to the innovation paradigm, thereby creating a more comfortable access point for Democratic officials. It is past time to stop treating risk like the third rail - code for anti-crypto. 

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Cleve Mesidor will be live on Fintech TV's Opening Bell with host Remy Blaire this Wednesday, July 2 at 9AM ET.

John E. Mitchell II has left the Consumer Technology Association and is now Senior Manager of Public Policy at Workday.

butterscotch is a digital news studio broadcasting stories about Black, Latino, Indigenous DeFi retail investors, Web3 consumers, founders, executives, officials. The virtual newsroom - featuring eNews, Podcast, Live Events – seeks to deepen mainstream understanding of diverse segments of the emerging $3+ trillion crypto industry.

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