๐บ๐ธ BIG: The American Federal Housing Finance Agency orders Fannie Mae and Freddie Mac to consider digital assets when evaluating mortgage loan risks!
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๐ฆ What's new?
โ The Federal Housing Finance Agency (FHFA) has issued official guidelines for Fannie Mae and Freddie Mac
โ This includes assessing the extent to which cryptocurrency holdings can be counted among the risk analysis factors for mortgage loans
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๐ก What is the significance of this decision?
โ A historic step towards integrating crypto into the traditional financial system
โ It may make it easier for cryptocurrency owners to obtain residential loans
โ It opens the door to redefining creditworthiness concepts
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๐ Expected impact:
โ Boosting institutional demand for digital assets
โ Supporting prices of major cryptocurrencies like $BTC and $ETH
โ Expanding the use of cryptocurrencies in the real economy
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โDo you think this step will pave the way for further recognition of crypto as an official asset?
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