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Bitcoin Gets The Greenlight To Be Counted As Assets For Mortgage Applications, But What About XRP?

  • The Federal Housing Finance Agency has issued a directive allowing cryptocurrencies to be considered as part of a borrower’s asset portfolio during mortgage evaluations without converting them into dollars.
  • Bitcoin is expected to benefit the most from this policy update due to its established presence on US-regulated exchanges and liquidity profile.
  • The directive does not specify eligible tokens, and it remains unclear whether XRP will be included under this new policy, given its regulatory history with agencies like the SEC.
  • Other countries like Japan and Dubai have already been utilizing XRP in real estate transactions, potentially setting a precedent for its inclusion in mortgage applications.

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