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Cathie Wood Says New U.S. Housing Crypto Policy Could Be a Game-Changer

  • A new U.S. housing crypto policy could reshape the treatment of digital assets in the American housing finance system.
  • The policy, issued by FHFA, directs government-sponsored enterprises to consider crypto assets in risk evaluations for single-family mortgages without converting them to U.S. dollars.
  • The move aligns with efforts to make the U.S. a crypto capital, aiming to allow borrowers to utilize cryptocurrency holdings for mortgage eligibility, potentially broadening access to homeownership.
  • Cathie Wood views the development as potentially significant for both crypto and housing sectors, with long-term implications yet to be fully comprehended. The decision could provide lenders with a more comprehensive view of borrowers' financial profiles and enhance credit access for those with non-traditional wealth.

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