Analysis: Only cryptocurrencies listed on US regulated exchanges can be used for Fannie Mae and Freddie Mac mortgage reserves

Odaily News Eleanor Terrett, a crypto journalist from Crypto In America, published an article on the X platform, disclosing the specific details of Fannie Mae and Freddie Mac's plan to include cryptocurrencies in their mortgage business. She said that Fannie Mae and Freddie Mac have been instructed to explore including cryptocurrencies in the reserve funds for mortgage applications, which means that cryptocurrencies will not need to be converted into US dollars, but will be included in the reserve funds in the form of spot. In addition, according to relevant requirements, only cryptocurrencies listed on exchanges regulated in the United States are eligible to be included in Fannie Mae and Freddie Mac's mortgage reserve funds, and the relevant assets must also take volatility protection measures.
Note: Freddie Mac and Fannie Mae are the two major government-sponsored enterprises (GSEs) in the United States. They are mainly responsible for providing liquidity support to the housing mortgage market and stabilizing the real estate market by purchasing and securitizing loans.
Earlier news, Pulte, director of the U.S. Federal Housing Finance Agency (FHFA), posted on social media, asking Fannie Mae and Freddie Mac to prepare to list cryptocurrencies as recognized assets for mortgage applications.