Crypto just got its biggest real-world utility.

Bill Pulte. Director of the Federal Housing Finance Agency has ordered Fannie Mae and Freddie Mac to prepare their businesses to count cryptocurrency as an asset for a mortgage.

If this gets approved, one can simply use their crypto as collateral to take home loans.

2 reasons this is very bullish:

➺ It'll add a real utility to crypto, as so far their major utility was just speculation

➺ It'll incentivize people to hold as they can easily use it as a collateral and don't need to sell.