U.S. Senator Cynthia Lummis has introduced two key pieces of legislation aimed at integrating Bitcoin and other cryptocurrencies more fully into the American financial system. The first bill seeks to remove capital gains taxes on Bitcoin payments under $300, effectively allowing Americans to use Bitcoin and other digital assets without fear of tax violations on small transactions. This legislation also includes provisions to end double taxation on mining and staking activities and aligns digital asset taxation with traditional financial assets. The second bill, named the Digital Asset Mortgage Reserves Act or the 21st Century Mortgage Act, requires government-sponsored enterprises Fannie Mae and Freddie Mac to recognize cryptocurrencies as valid assets in mortgage eligibility assessments. This would allow Americans to use Bitcoin and other cryptocurrencies as collateral or reserves when applying for home loans, eliminating the need for fiat currency conversion. These legislative efforts reflect a push to normalize cryptocurrency use in everyday financial transactions and housing finance, potentially broadening access to mortgage financing for crypto holders.