According to Deep Tide TechFlow, the Federal Housing Finance Agency (FHFA) of the United States has issued a directive to explore the inclusion of cryptocurrency in the risk assessment of single-family residential mortgages. This could allow long-term holders to use digital assets when applying for loans.

The directive requires that assets be verified and stored through U.S.-regulated centralized exchanges, but does not mandate custody at the exchanges. Self-custodied assets are seen as a cornerstone of the cryptocurrency system due to their transparency and security.

Experts are calling for a framework to support self-custodied and custodial assets, and to apply volatility valuation discounts to promote the modernization of housing finance.