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US Senator Introduces New Bill to Include Cryptocurrency in Collateral Asset
BlockBeats News, July 29th, Cynthia Lummis, the proponent of the "Bitcoin Strategic Reserve Act" and Chair of the Senate Banking Subcommittee on Digital Assets, today introduced the "21st Century Mortgage Act," which calls for Fannie Mae and Freddie Mac to consider digital assets recorded on a distributed ledger when assessing eligibility for single-family residential mortgages, and not require these digital assets to be converted to dollars. The bill aims to recognize digital assets as a wealth assessment metric to increase homeownership opportunities for the younger generation.
On June 26th, previously, Mark Pulte, Director of the Federal Housing Finance Agency (FHFA) in the United States, posted on social media stating: "After research and in line with President Trump's vision to make the U.S. the epicenter of cryptocurrency, today I have ordered Fannie Mae and Freddie Mac to prepare for business and classify cryptocurrency as an eligible asset for mortgage applications."
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WEEX P2P update: Country/region restrictions for ad posting
To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.
I. Overview
When publishing P2P ads, advertisers can now set the following:
Allow only counterparties from selected countries or regions to trade with your ads.
With this feature, you can:
Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.
II. Applicable scenarios
The following are some common scenarios:
Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.
III. How to get started
On the ad posting page, find "Trading requirements":
Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.
When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:
If you encounter this issue when placing an order as a regular user, try the following solutions.
Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.
IV. Benefits
Compared with ads without country/region restrictions, this feature provides the following improvements.
Aspect
Improvement
Trading security
Reduces abnormal orders and fraud risk
Conversion efficiency
Matches ads with more relevant users
Order completion rate
Reduces failures caused by incompatible payment methods
V. FAQ
Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.
Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.
Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.
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