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How can a new American invoice project allow you to use Bitcoin to get home loans star-news.press/wp

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  • Despite the week of rock encryption in Washington, the new mortgage bill indicates a step towards bitcoin legitimacy in traditional lending. At the same time, countries such as El Salvador and Pakistan adopt an encrypted currency at the national level.

After a disappointing start to the long -awaited “encryption week” in Washington, it is characterized by the failure of the main procedural vote, legislators are still moving forward with new proposals.

One of the prominent developments came from actor Nancy Mass in South Carolina, who foot New draft law, HR 4374, on July 14, 2025.

What is the bill that aims?

For perspective, and The newly proposed US Parliament Bill seeks to update the mortgage assessments by updating federal subscription systems.

If it is passed, the lenders will be required to consider the assets of encryption, specifically those detained in the mediation accounts associated with exchanges, when reviewing the mortgage requests.

The draft law has been referred to the House Financial Services and VETERANS Confairs Committees for review.

Although it is still in its early stages, the legislation aims to make encryption wives part of the prevailing mortgage assessments.

What are the changes that will come as soon as they age?

If a year, the draft law will update real estate subscription by allowing borrowers to calculate Bitcoin (BTC) and other digital assets held in brokerage accounts registered towards loan qualifications.

Currently, applicants must convert the encryption into Fiat and keep it for a specific period before looking at it.

This legislation will remove this requirement, allowing digital assets directly to reserve standards and payment without filtering.

The proposal depends on a momentum from the announcement of the FHFA Bill Polly Director in June 2025 to include encryption in mortgage assessments.

It is worth noting that Ark Invest’s Cathie Wood praised this step, saying that it might enhance Bitcoin’s role in the prevailing financing and help younger buyers and cunning in rehabilitation to obtain household loans.

How is it useful for old warriors?

Moreover, as mentioned above, the draft law also proposes changes in the Old Warriors Affairs Department. This can enable ancient warriors to calculate their digital assets when applying for VA real estate mortgages.

While the proposed mortgage bill is still awaiting discussion and approval in both the House of Representatives and the Senate, which requires President Donald Trump’s signature to become a law, the United States still has fell in a rope around Bitcoin legislation.

Meanwhile, unexpected developments on the world stage are to reshape the encryption narration.

Pakistan and El Salvador, rarely Mentioned In the same economic breathing, a historical partnership focused on the cryptocurrency, especially bitcoin.

Their agreement aims to explore the use of Crypto in public sector facilities and expand their BTC reserves.

What is more?

Although the “encryption week” in Washington has not resulted in breakthroughs, the Republicans succeeded in passing the “Great Grand Law Law”, as Vice President JD Vance threw the Senate vote on a tie.

The contrast emphasizes the growing gap: While American lawmakers remain divided into the role of bitcoin in financing, other countries move quickly to embrace their potential.

Next: Senator Lomes criticizes the United States “Bitcoin” as a “strategic error”

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2025-07-17 11:00:00

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