Historical Policy: The Federal Housing Finance Agency instructed Fannie Mae and Freddie Mac to include cryptocurrency assets in mortgage risk assessments.
Market Surge: Bitcoin rose 7.3% to $108,000 after the announcement, while traditional financial institutions accelerated the development of cryptocurrency mortgage products.
Significant Impact: 65 million American cryptocurrency holders may now qualify to use digital assets as collateral to obtain housing loans.
The Federal Housing Finance Agency in the United States allows the use of cryptocurrency assets in mortgage assessments. As Fannie Mae and Freddie Mac prepare to accept cryptocurrencies as collateral for housing loans, the price of Bitcoin breaks through $108,000.
Policy Milestone: Cryptocurrency assets make their debut in the mortgage assessment field
Core Events
Federal Housing Finance Agency (FHFA) Director Bill Pulte officially signed the directive on June 25, requiring Fannie Mae and Freddie Mac to include cryptocurrencies in mortgage risk assessment categories. Borrowers no longer need to convert cryptocurrency assets into dollars beforehand; they can directly use digital assets as proof of loan eligibility.
This groundbreaking initiative marks the first time cryptocurrency has been recognized within the U.S. housing finance system. Industry experts believe this development is a key step in the Trump administration's comprehensive strategy to 'build a cryptocurrency economic center.'
Policy Details
Eligibility Criteria: Only cryptocurrency assets stored on U.S. regulated centralized exchanges are eligible for application. Additionally, borrowers must provide clear proof of value and comprehensive compliance verification.
Implementation Timeline: Fannie Mae and Freddie Mac must submit detailed proposals within 90 days. Afterwards, approval from the board and the Federal Housing Finance Agency is required for final implementation.
Target Audience: Young homebuyers, technology workers, and cryptocurrency holders will benefit the most. This policy is particularly advantageous for those who have difficulty applying for traditional loans due to insufficient traditional assets.
Market Reaction: Bitcoin 'policy bull market' reaches new heights
Price Changes
Following the official announcement, the price of Bitcoin quickly surpassed $108,000, reaching a new monthly high with a daily increase of up to 7.3%. Meanwhile, influenced by the capital flowing into Bitcoin, the prices of Ethereum and Solana saw slight declines.
Institutional Response
Michael Saylor, founder of MicroStrategy, called this development 'an important milestone for Bitcoin to become a legitimate reserve asset.' Traditional financial institutions like JPMorgan have accelerated their development of cryptocurrency mortgage products. They plan to include Bitcoin ETFs as financing collateral options for wealth management clients.
Industry Data
In 2024, the Federal Housing Administration (FHA) in the United States issued 760,000 individual housing loans, totaling $230 billion. If the new policy is smoothly implemented, the number of eligible homebuyers will increase significantly. The potential incremental market size could reach hundreds of billions of dollars.
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