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A newly proposed bill in the U.S. House of Representatives could revolutionize the way mortgages are assessed—especially for Bitcoin and crypto holders. If passed, the bill would allow applicants to use their digital assets as part of their creditworthiness evaluation.

📜 Bill HR4374: Bitcoin as an Official Collateral in Mortgage Applications
Representative Nancy Mace from South Carolina introduced Bill HR4374 on July 14, 2025. The proposal seeks to modernize mortgage regulations by allowing lenders to consider crypto holdings—such as Bitcoin—stored in registered brokerage accounts when evaluating mortgage applicants.
The bill has now been referred to the House Financial Services Committee and the Committee on Veterans’ Affairs, where it awaits further review.

🏦 A Path Toward Recognizing Digital Assets in Mortgage Applications
If approved, this legislation would initiate a major overhaul of underwriting systems across federal institutions, enabling crypto portfolios to be officially recognized when assessing borrower eligibility. Until now, mortgage evaluations have typically only considered conventional forms of assets like bank savings, income, and tax returns—completely ignoring crypto holdings.
This law would change that, not only for Bitcoin but also for any digital assets held through brokerage platforms affiliated with crypto exchanges. Regulatory agencies are expected to later define which platforms meet the standards for inclusion.

🧾 Building on FHFA’s Previous Announcements
The bill follows an announcement made in June 2025 by Bill Pulte, the Director of the Federal Housing Finance Agency (FHFA), who stated that plans were underway to begin incorporating cryptocurrencies—including Bitcoin—into the mortgage qualification process. This move could greatly benefit a new generation of investors who manage their wealth in digital form.
Cathie Wood, CEO of ARK Invest, praised the proposal, stating that such a step would significantly boost Bitcoin’s role in the financial system.

🎖️ Benefits for Veterans
A noteworthy aspect of HR4374 is its implications for U.S. military veterans. Those applying for VA-backed mortgages could see their Bitcoin and crypto holdings counted during credit checks—potentially easing access to home loans for those engaged in the digital economy.
The bill has not yet been passed by either chamber of Congress. To become law, it must be approved by both the House and the Senate, and then signed by President Donald Trump.

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