US housing regulators ask housing agencies to prepare for using cryptocurrencies as mortgage collateral

Odaily News On Wednesday local time, Pulte, director of the U.S. Federal Housing Finance Agency (FHFA), posted on social media: "After in-depth research and in line with President Trump's vision of making the United States the 'capital of cryptocurrency,' today I ordered Fannie Mae and Freddie Mac to prepare to list cryptocurrencies as recognized assets for mortgage applications." This directive marks a possible major shift in the asset review standards for U.S. government-supported companies to assess mortgage qualifications, and is also in line with the Trump administration's established goal of promoting the popularization of cryptocurrencies in the United States.