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U.S. Senator Cynthia Lummis (R-WY) is introducing a mortgage reform bill to recognize crypto assets in home loan eligibility assessments. The 21st Century Mortgage Act will require government-sponsored enterprises to consider digital assets when assessing single-family mortgage eligibility. JUST IN: Senator Cynthia Lummis introduces mortgage reform bill to recognize crypto assets in home loan eligibility assessments. — Watcher.Guru (@WatcherGuru) July 29, 2025 “The American dream of homeownership is not a reality for many young people,” Lummis said this week. “This legislation embraces an innovative path to wealth-building, keeping in mind the growing number of young Americans who possess digital assets. We’re living in a digital age, and rather than punishing innovation, government agencies must evolve to meet the needs of a modern, forward-thinking generation.” Under the proposed bill, the Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corpora...

A vast web of companies and securities are tied to the 601,550 bitcoin (BTC) at MicroStrategy. Stretching across the globe from its Virginia headquarters, there are shareholders trading instruments tied to those coins as far away as the Australian Securities Exchange. According to TickerGate, retail investors own over 99% of MicroStrategy (MSTR) common stock. However, the form of their ownership varies wildly.  The most basic instrument is MSTR, yet there are countless funds, securities, and derivatives tied to that $71 billion trove of digital gold. Read more: Is MicroStrategy the bitcoin bank Hal Finney dreamed of? As these vehicles proliferate in number and by trading venue, it is illuminating to list the quantity of funds and securities whose investors believe that they have exposure to MicroStrategy’s bitcoin. Indeed, MicroStrategy itself is the first entity that has a claim to BTC that it does not fully possess. Instead, it has legal possession over priva...

JPMorgan Chase has filed a new trademark application in the US for “JPMD,” igniting speculation that the bank might soon launch a stablecoin. The application was filed with the US Patent and Trademark Office on June 15, and mentions crypto-related services including digital asset trading, transfer, exchange, payment processing and clearing.  Is JPMorgan Working On Stablecoin Launch With Other Banks? JPMorgan’s filing follows a May 22 report by the Wall Street Journal (WSJ) that said JPMorgan and other banking giants are considering a joint stablecoin launch .  The WSJ report added that the banks view stablecoins as a strategic tool to enhance existing payment rails and speed up cross-border settlements. These banks would also compete directly with existing, crypto-native issuers, the report said. While “stablecoin” was not specifically mentioned in JPMorgan’s recent filing, industry observers have already drawn a link between the WSJ ...

Former U.K. Chancellor George Osborne has been appointed to Coinbase’s Global Advisory Council to focus on the firm’s regulatory strategy and global expansion. Osborne’s appointment brings a wealth of experience in government and international finance , particularly in fintech investing. Coinbase Chief Policy Officer Faryar Shirzad highly regarded Osborne’s capabilities, emphasizing his significant role in guiding global expansion. Osborne expressed enthusiasm for blockchain technology, recognizing its potential to revolutionize financial markets and online transactions, and remarked on Coinbase as a key player in these developments. We are very pleased to have @George_Osborne join @coinbase's Global Advisory Council. George is one of the most experienced and thoughtful leaders in government and business, and we are grateful to have his advice and counsel as we expand Coinbase around the world.… — Faryar Shirzad ️ (@faryarshirzad) January 31, 2024 ...

Today’s investors face many options beyond stocks and bonds, with crypto vs. traditional finance becoming an increasingly common discourse. Both public and private players are constantly searching for opportunities to deploy capital into investment vehicles that yield substantial returns while posing minimal risk. However, the nature of risk appetite has evolved in the last decade with the emergence of a new asset class accessible from anywhere in the world. Before committing resources to any industry, whether it’s decentralized finance (defi) or traditional markets, invest ors need to understand what separates the two. This article explores crypto vs. traditional finance : the differences, similarities, and whether now is a good time to get into them. Сryptocurrency or traditional finance In the debate of cryptocurrency vs. traditional finance, the key differences lie in their operational models and accessibility. Traditional finance (tradfi) relies on centralized entitie...

A digital wallet system is reshaping the financial landscape by targeting non-tech-savvy users to make Web3 easy for everyone. It can be challenging for newcomers to explore the crypto and Web3 world, and the gap between traditional finance and crypto makes matters worse. This wallet management solution addresses these challenges by simplifying crypto interactions. Web3 can empower communities and individuals through the utilization of blockchain infrastructures and trustless systems. However, this emerging ecosystem presents many challenges due to its complex nature and the division between the Web3 space and traditional financial systems. Key challenges to crypto adoption The decentralization and processes associated with digital currencies can be less familiar to those accustomed to traditional banking, with its concepts and onboarding steps often posing adoption hurdles. This challenge is heightened by the disjointed infrastructure between bank accounts and crypto wallets, resulti...

Before the SEC launched its lawsuit against Coinbase, the exchange was busy promoting crypto as the future of finance, championing “a global, open alternative to every financial service.” Last year, it reiterated its mission to “fuel progress on decentralization, Web3, and the future of finance,” and was all about “creating more economic freedom for the world.”  However, Coinbase now claims it’s merely been selling digital Beanie Babies all along. Coinbase be like pic.twitter.com/BCj9gBGS9N — Sean Tuffy (@SMTuffy) August 6, 2023 Quite the change of tone for Coinbase. Coinbase backpedals on Bitcoin So what caused the about-face? Well, it likely has something to do with SEC charges alleging that it’s been operating an illegal securities exchange for at least three years . If it seeks a maximum penalty, the SEC could win disgorgement, fines, and penalties exceeding Coinbase’s entire net income since inception. It could also prevent the company from operatin...

Crypto investment firm CoinShares posted its most profitable quarter in a year, according to its latest quarterly earnings report. Cryptocurrency investment group CoinShares recently published its Q1 earnings report for 2023 amid what it’s calling a “return to profitability.”  Highlights of the report include revenue in the amount of $11.73 million (down from $22.46 million in Q1 2022), total comprehensive income of $3.62 million (down from $25.83 million in Q1 2022) and an adjusted earnings before interest, taxes, depreciation, and amortization (EBIDTA) of $10.61 million (down from $25.83 million in Q1 2022). Overall, for 2022, CoinShares posted an operating loss of $25.21 million, in stark contrast to the company’s operating profit of $126.54 million reported for 2021. Despite the market conditions, CoinShares has achieved a significant milestone by returning to profitability in the Q1 2023. Amidst a complex landscape, we generated £15.3 million in revenue and gains, showcasing ou...