BTC Weekly: Week 26-29 (2025)
Key Events from 6/22/2025-7/19/2025
Donald Trump is preparing to sign an executive order to allow 401k retirement plans to invest in alternative assets like cryptocurrencies, gold, and private equity, aiming to expand investment options beyond traditional stocks and bonds in the $9tn US retirement market. (Financial Times)
On July 14, 2025, the FDIC, Federal Reserve Board, and OCC issued a joint statement clarifying that banks may custody bitcoin and other crypto-assets for customers, provided they adhere to existing risk-management principles and comply with applicable laws and regulations. (occ.gov)
The Federal Housing Finance Agency, led by William Pulte, has ordered Fannie Mae and Freddie Mac to prepare a proposal to consider cryptocurrency holdings as an asset for reserves in single-family home loan risk assessments, effective immediately, without requiring conversion to U.S. dollars, provided the crypto is stored on a U.S.-regulated centralized exchange. (AP News)
Charles Schwab, managing $10.7 trillion in assets, plans to launch spot Bitcoin and Ethereum trading within the next 12 months and is exploring stablecoin market entry, as announced by CEO Rick Wurster. (@BitcoinMagazine)
Texas has become the first U.S. state to establish a publicly funded bitcoin reserve, allocating $10 million for bitcoin purchases, after Governor Greg Abbott signed Senate Bill 21 and HB 4488 into law. (CoinDesk)
Ric Edelman, founder of the $300 billion investment advisory firm Edelman Financial Engines, recommends a 10-40% crypto allocation for investors, with 10% for conservative and 40% for aggressive portfolios, arguing that owning crypto is no longer speculative and that failing to do so is, while questioning whether financial advisors are serving clients' best interests or avoiding difficult conversations. (@NateGeraci)