U.S. lawmakers are accelerating efforts to integrate cryptocurrencies into mainstream financial infrastructure, with Senator Cynthia Lummis championing a series of legislative initiatives that could redefine the regulatory landscape for digital assets. In a coordinated move with broader industry and policy trends, Lummis introduced a bill on February 17, 2026, proposing that Fannie Mae and Freddie Mac incorporate cryptocurrency into their mortgage risk assessment models [3]. This follows a July 2025 proposal that would permit Americans to use crypto as collateral for mortgage applications, aiming to enhance accessibility and utility for digital asset holders [1].

Lummis has also emphasized the need for equitable tax treatment of digital assets, arguing that her measures would “put an end to the unfair tax practices and level the playing field for digital assets” [4]. Her efforts align with a broader wave of pro-crypto policy shifts, including a July 2025 White House report that called for a formal regulatory framework and highlighted the economic potential of tokenization [6]. In addition, the Trump administration signed new regulations for stablecoins in late June 2025, signaling continued federal support for the industry [7].

At the state level, at least 40 states introduced crypto-related legislation during the 2025 legislative session [5], reflecting a nationwide interest in clarifying the legal and financial role of digital assets. These developments suggest a growing consensus that crypto needs to be regulated in a manner that fosters innovation while minimizing risks to consumers and financial stability.

The combined push from federal and state lawmakers is expected to encourage institutional adoption and provide clearer legal parameters for crypto businesses. However, the success of these initiatives will depend on how effectively Congress can balance innovation incentives with consumer protection and systemic risk management. The industry now faces a critical juncture, as the proposed reforms could significantly shape the future of digital assets in the U.S.

Sources:

[1] Mitrade, https://www.mitrade.com/insights/news/live-news/article-3-997585-20250730

[2] Facebook, https://www.facebook.com/groups/731648625597845/posts/1112688637493840/

[3] Bitget, https://www.bitget.com/news/detail/12560604886283

[5] Yahoo.co, https://www.yahoo.com/news/articles/citing-potential-fraud-blue-red-091519507.html

[6] LNGFRM, https://lngfrm.net/white-house-unveils-pro-crypto-policy-report/

[7] NBC, https://www.nbcnewyork.com/news/national-international/trump-administration-gaza-health-ai-epstein-july-30-2025-live-updates/6353307/?cardId=1%3A1%3A10666269&noamp=mobile