Bitcoin News Today: Lummis Crypto Bills Gaining Momentum With Bipartisan Support and Trump Backing

Senator Cynthia Lummis, a leading proponent of cryptocurrency in the U.S. Senate, is spearheading a wave of legislative reforms aimed at creating a more supportive regulatory environment for Bitcoin and other digital assets. Her efforts, which have gained momentum in 2025, include proposals to reshape the U.S. crypto market structure and integrate Bitcoin into the national financial system. These initiatives are designed to provide regulatory clarity while fostering innovation and adoption of digital currencies within the United States [1].

On August 21, 2025, Lummis confirmed at the Wyoming Blockchain Symposium that a comprehensive crypto market structure bill is expected to reach President Donald Trump before the end of the year. This bill has already attracted bipartisan support and seeks to address critical issues such as market structure, custody, and investor protection. If enacted, it could mark a pivotal moment in the evolution of U.S. digital asset regulations [2].

In March 2025, Lummis introduced the Bitcoin Act, a groundbreaking piece of legislation that proposes the creation of a U.S. Strategic Bitcoin Reserve. The bill outlines a plan for the federal government to acquire 1 million bitcoin over five years, reflecting a growing recognition of the cryptocurrency’s role as both a store of value and a strategic asset for national financial resilience. This move is seen as a strategic step to ensure the U.S. maintains its competitive edge in the global digital economy [3].

Further simplifying the use of digital assets in everyday transactions, Lummis introduced a bill in July 2025 that proposes a $300 exemption for small crypto transactions. The initiative aims to eliminate capital gains taxes on minor crypto payments, thereby reducing regulatory barriers for both consumers and businesses. This measure aligns with broader efforts to position the U.S. as a global leader in crypto adoption and innovation [5].

In another significant development, Lummis introduced the 21st Century Mortgage Act of 2025, which would allow Fannie Mae and Freddie Mac to accept crypto reserves as collateral for mortgage lending. The bill reflects an evolving perspective on the role of digital assets in traditional finance and highlights Lummis’s vision of a crypto-inclusive financial system. By bridging the gap between legacy financial systems and digital innovation, the legislation could significantly expand the utility and acceptance of cryptocurrencies in everyday financial activities [7].

Lummis’s legislative agenda is not only reshaping the U.S. crypto regulatory framework but also signaling a strategic shift toward embracing digital assets while safeguarding investor interests and market integrity. Her collaboration with President Trump and bipartisan allies underscores the urgency and importance of timely legislative action. As the final version of the crypto market structure bill moves closer to enactment, its potential impact on the U.S. financial system—and the global crypto landscape—could be profound [6].

"The bill aims to provide the regulatory certainty that the fast-growing digital asset sector has long demanded while protecting consumers," Lummis stated, emphasizing the need for a balanced approach that supports innovation without compromising safety [4].

Sources:

[1] Cryptomus - https://cryptomus.com/blog/us-senator-lummis-says-crypto-market-structure-bill-will-become-law-by-2026-news?srsltid=AfmBOooMd7fIjnu38tLrRmfdMjDjqkHIOTMsF3AuOCbaecJ7sXQlrnxf

[2] AInvest - https://www.ainvest.com/news/investment-opportunities-shifting-regulatory-landscape-lummis-led-bill-reshape-future-digital-assets-2508/

[3] Wyoming Tribune Eagle - https://www.wyomingnews.com/news/local_news/lummis-gordon-dont-want-wyoming-to-be-left-out-of-the-future-of-cryptocurrency/article_5943ec78-c285-4687-81bc-fa68600cb223.html

[4] JHNewsAndGuide.com - https://www.jhnewsandguide.com/news/state/local/sen-lummis-gov-gordon-dont-want-wyo-to-be-left-out-of-the-future-of/article_d1460ea9-c3db-450f-9d26-887858aee3bf.html

[5] bitcoinpie.online - https://bitcoinpie.online/senator-lummis-urges-elimination-of-taxes-on-small-crypto-payments-on-cnbc-2/

[6] AInvest - https://www.ainvest.com/news/trump-pushes-clarity-genius-acts-modernize-crypto-regulation-2508/

[7] Milo - https://www.milo.io/blog/fannie-and-freddie-to-count-crypto-reserves-in-mortgages/