1/ Bitcoin trades sideways near $64,000, down 0.15% to $64,682, while Ethereum rose 0.5% to $1,870. Geopolitical tensions between the United States and Iran are suppressing risk appetite and capping immediate crypto upside.

2/ Middle East conflicts are stoking inflation and limiting interest rate cuts. September Brent crude jumped 3.12% to $90.85 a barrel, and West Texas Intermediate rose 3.1% to $85.05, marking the first time since last month that Brent topped $90.
3/ The American Homeowner Crypto Modernization Act proposes treating verified digital assets as eligible assets in mortgage underwriting. This aims to help applicants whose wealth is concentrated in crypto rather than traditional bank accounts.
4/ Borrowers must provide concrete proof of ownership, transaction records, and exchange documentation. A simple wallet screenshot will not satisfy federal underwriting standards for agencies like HUD, USDA, VA, and FHFA.
5/ The bill remains at the committee stage in the House of Representatives. It must clear multiple committees, pass the full House and Senate, and secure a presidential signature, making the timeline highly uncertain.
6/ If enacted, crypto holders could meet asset and reserve requirements more easily. Regulators might allow stablecoins to function like cash equivalents, democratizing homeownership access for digital wealth holders.
7/ Lenders will apply conservative haircuts to non-stablecoin holdings to manage volatility and fraud risks. This reflects a maturing regulatory approach that validates crypto assets while protecting the traditional mortgage system.