In short
- The FHFA has instructed Fannie Mae and Freddie Mac to prepare for accepting cryptocurrency as a mortgage assets.
- Director William Pulte framed the move as in accordance with a broader vision of the Trump government.
- The order led to mixed reactions, with praise for innovation and criticism of restrictions on self -herb.
The American housing market is bracing a potential shakeup through the crypto industry.
On Wednesday, the Federal Housing Finance Agency Fannency Bade Fannency Mae and Freddie Mac to prepare for accepting crypto as a form of mortgage -related payment.
The directive, announced on X by FHFA director William Pulte, marks the first major step to include digital assets in the federal mortgage system.
Fannie Mae and Freddie Mac are supported by the government that is purchasing mortgages from lenders, in securities packaging and paying payments to investors.
The announcement comes two days after Pulte said that he instructed the companies to study how crypto could take into account the mortgage qualification.
“After an important study, and in accordance with President Trump’s vision to make the US the Crypto capital of the world, today I gave the great Fannie Mae and Freddie Mac to prepare their companies to count cryptocurrency as an active for a mortgage,” Pulte written In a message on X. “SO ordered.”
According to the directive, the FHFA discovered that allowing Fannie Mae and Freddie Mac to consider more types of liabilities assist, such as crypto,, can help them to better evaluate the loan risk and increase access to homeowners for qualified borrowers.
Fannie Mae and Freddie Mac now have the task of determining how crypto can be treated as a qualifying active.
Pulte has not indicated which cryptos would be accepted. Responses to X were mixed, with some praise The move as a victory for the industry.
“Bitcoin has been recognized by the American housing system as a reserve asset,” co-founder of strategy Michael Saylor wrote at X. “A decisive moment for institutional BTC adoption and collateral recognition.”
Others criticized a provision that requires that crypto-assets are held on centralized exchanges, not on self-spice portfolios.
“Every company is aimed at only considering cryptocurrency assets that can be proven and stored on a centralized exchange regulated by the US, subject to all applicable laws,” wrote the FHFA.
At the same time, Housecoin, a meme coin with a housing theme on the Solana Blockchain, today increased by 20% to $ 0.24 in response to the news.
“1 house = 1 housecoin has never sounded so good,” said the Housecoin account on X.
The FHFA did not respond immediately Decrypts Request for comments.
Published by Sebastian Sinclair
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