The director of the FHFA in the United States has ordered that mortgage applications may recognize Crypto Assets as eligible assets.

On Wednesday local time, the Director of the Federal Housing Finance Agency (FHFA), Pulte, posted on social media: “After in-depth research and following President Trump’s vision of making the United States the ‘Crypto Assets Capital’, today I ordered Fannie Mae and Freddie Mac to prepare to recognize cryptocurrency as an eligible asset for mortgage applications.” This directive marks a significant shift in the asset review standards that may support businesses in evaluating mortgage eligibility, aligning with the established goal of the Trump administration to promote the popularity of Crypto Assets in the United States.

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