According to Odaily, the U.S. Federal Housing Finance Agency (FHFA) has instructed housing loan institutions Fannie Mae and Freddie Mac to consider incorporating cryptocurrency as collateral in residential mortgage risk assessments. Several industry experts suggest this could lead to significant changes in asset review standards for American housing loan applications, potentially allowing cryptocurrencies as collateral assets. An unnamed industry insider told Caixin that this development is favorable for the crypto sector. However, if implemented, the volatility of the cryptocurrency market could directly impact the housing loan market, raising concerns about the timing of the next subprime mortgage crisis.