US Senator Pushes Game-Changing Bill: Crypto Now Counts Toward Mortgage Approvals
Washington just got a lot more bullish on Bitcoin—or at least one senator did. A new bill could force lenders to recognize crypto holdings as legitimate assets when qualifying borrowers for home loans.
Finally—your moonbag might actually buy you a house.
The proposed legislation would rewrite decades-old mortgage underwriting rules that currently treat digital assets like Monopoly money. If passed, your cold storage could carry the same weight as stocks or bonds in a loan application.
Of course, banks will fight this tooth and nail—nothing terrifies legacy finance more than watching crypto bypass their gatekeeping. But with 1 in 5 Americans now holding digital assets, politicians are finally catching up to reality.
Just don’t expect your local loan officer to understand your degenerate altcoin portfolio anytime soon.
U.S. Dollar Comes Onchain as GENIUS Act Ushers in Digital Era
Supporting her proposal, Lummis cited Census Bureau data showing that only 36.6% of Americans under 35 owned homes in Q1 2025. She also pointed to recent surveys indicating that 21% of U.S. adults hold crypto, with two-thirds under the age of 45—highlighting the importance of adapting lending standards to reflect contemporary wealth-building behavior.
If passed, the bill would mark a significant milestone in integrating crypto assets into mainstream financial services and may set a precedent for broader federal recognition of digital asset ownership in regulatory frameworks.
