Why Fannie Mae’s Crypto Decision Is a Watershed Moment for Web3
FHFA directs Fannie Mae and Freddie Mac to accept cryptocurrency holdings as qualifying assets for mortgage applications in landmark decision bridging real estate and digital finance.
On Wednesday, in a landmark move for both real estate and digital assets, the Federal Housing Finance Agency (FHFA) has directed government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac to begin accepting cryptocurrency holdings as qualifying assets for mortgage applications. This unprecedented decision allows borrowers to use crypto stored on U.S.-regulated centralized exchanges as proof of financial stability, without the need to convert the assets into U.S. dollars.
FHFA Director William Pulte, appointed under President Trump’s pro-crypto…
