๐๐คฃ๐ฅฒโบ๏ธ๐๐๐ฅ๐ฅ๐ฅ
๐ข๐บ๐ธ For the first time in history.. cryptocurrencies enter the American mortgage system! ๐ฅ๐
๐จ The Federal Housing Finance Agency (FHFA) officially issues a decision recognizing Bitcoin and cryptocurrencies as assets that can be used in the risk assessment for residential mortgage loans (Fannie Mae and Freddie Mac)!
๐น For the first time, American citizens can use their cryptocurrency holdings like Bitcoin in the assessment of repayment ability, without needing to convert them to dollars!
๐ Provided that the cryptocurrencies are held in centralized wallets subject to American regulations, like Coinbase and Kraken.
๐ฏ This decision represents a qualitative leap in the official recognition of the value of cryptocurrencies as real financial assets, and enhances the confidence of financial institutions in using cryptocurrencies within the banking and credit system.
๐ My personal opinion:
This announcement could be a gateway for massive institutional flows towards Bitcoin and other cryptocurrencies, especially in a sensitive sector like real estate.
And this step confirms that cryptocurrencies are gradually transforming from mere speculative investments to a reliable official financing tool.
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The question for you:
Do you think this decision will drive Bitcoin to new historical levels?
๐ Yes, a strong step towards widespread adoption
โค๏ธ A good step but the impact is limited
๐ I don't think it will have a significant impact
#Mortgage #ุงูุจูุชูููู #FHFA