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Benzinga
Benzinga
Business
Aniket Verma

Fannie And Freddie Directed To Consider Crypto Mortgages By US Housing Regulator, But Michael Saylor Thinks It's Only Bitcoin That Has 'Entered The American Dream'

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In a landmark decision, Federal Housing Finance Agency Director William Pulte announced plans to consider cryptocurrency as a mortgage asset on Wednesday, aligning with President Donald Trump’s vision of making the U.S. a global crypto hub.

What Happened: Pulte took to X, directing federally backed mortgage giants Fannie Mae (OTC:FNMA) and Freddie Mac (OTC:FMCC) to prepare their businesses to count cryptocurrency as an asset for a mortgage.

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