The Federal Housing Finance Agency (FHFA) will investigate whether Crypto Holdings should count when Americans apply for a mortgage loan, said Bill Grand Director of X.
The review will look at how assets such as Bitcoin
Can be folded into the income-and-wealth controls at Fannie Mae, Freddie Mac and the 11 regional federal home loan banks used to backstop most US mortgage loans.
Desk coming coming as the United States is becoming more and more cryptic oven under President Donald Trump’s rule. Desk, sworn in on March 14 after being nominated by Trump.
Public archives show that he owns as much as $ 1 million in both Bitcoin and Solana’s sun
Together with efforts in crypto business Mara Holdings, air conditioners, Mrbeast Industries and Elon Musk’s X among others.
Currently, Fannie Mae and Freddie Mac require that cryptocurrency holdings “are exchanged for US dollars and held in a US or state’s regulated financial institution” to be considered.
Read more: The US Openness to Krypto could raise the level of risk in Tradfi, says European regulators
