The U.S. House Financial Services Committee approved legislation that would bar the federal government from selling or transferring Bitcoin it holds for 20 years. The bill still needs approval by the full House and the Senate. It would require the Treasury Department to overhaul custody systems within 180 days and mandate audits by an independent third party. The measure does not require new Bitcoin purchases, unlike a separate Senate proposal.

A bill that would encourage U.S. federal housing agencies to reflect cryptocurrency holdings in mortgage underwriting has drawn renewed attention. Representative Nancy Mace reaffirmed her intent to advance the American Homeowner Crypto Modernization Act, saying crypto ownership should not bar people from homeownership. The proposal would not accept unverified wallet balances and would require documentation such as proof of ownership, transaction records and exchange documents. The bill remains in early legislative stages in Congress.