📢🇺🇸 For the first time in history.. cryptocurrencies enter the American mortgage system! 💥🏠
🚨 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)!
🔹 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!
🔒 Provided that the cryptocurrencies are held in centralized wallets subject to American regulations, like Coinbase and Kraken.
🎯 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.
🔍 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? 📈 Yes, a strong step towards widespread adoption ❤️ A good step but the impact is limited 📉 I don't think it will have a significant impact #Mortgage #البيتكوين #FHFA
A disaster in the crypto market, as the founder of the ByBit platform confirmed the largest theft in the history of crypto, as a result of a massive hack in the #Ethereum wallet, amounting to 1.4$ billion dollars. Many details are still unclear until now, but this matter will raise many questions about the degree of security of central wallets and whether this matter will affect the price of Ethereum in your opinion..?
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