🇺🇸 New: The Federal Housing Agency begins studying the impact of cryptocurrency ownership on mortgage eligibility!
━━━━━━━━━━━━━━━
🏛️ Relevant authority:
– Federal Housing Finance Agency (FHFA)
– Led by the new director Bill Bolte, known for his support and investment in Bitcoin
━━━━━━━━━━━━━━━
📊 What will be studied?
– How cryptocurrencies can be considered among the eligible assets for mortgage loans
– Assessing the role of Bitcoin and cryptocurrencies as part of personal financial solvency
━━━━━━━━━━━━━━━
📈 Why is this important?
– A step towards integrating digital assets into the traditional financial system
– Could enable crypto holders to leverage their assets without converting them to cash
– Represents a radical shift in how institutions deal with Bitcoin
━━━━━━━━━━━━━━━
🔍 Is this the beginning of a new phase?
– With this idea being officially adopted, we may soon see new credit standards that take crypto into account
━━━━━━━━━━━━━━━
❓Do you think accounting for crypto in financing eligibility will increase the legitimacy of digital currencies globally?
━━━━━━━━━━━━━━━
📍 If you liked the content, support me with a like and follow to receive all the latest
LEGENDARY_007
#CryptoNewss #LEGENDARY_007 #FederalReserve #FHFA