The FHFA has directed Fannie Mae and Freddie Mac to recognize cryptocurrency as an asset in their assessments of single-family mortgage loan risks.
This directive aligns with President Donald Trump’s vision of positioning the United States as a global leader in cryptocurrency.
The decision signals a shift in perspective towards crypto's acceptance within institutional finance and federal policy, allowing borrowers to use digital assets in home loans without converting them to US dollars.
Fannie Mae and Freddie Mac must adhere to certain requirements, including considering only digital assets stored on US-regulated, centralized exchanges, and accounting for the volatility of cryptocurrencies in their underwriting standards.