In a big step for cryptocurrency adoption, the U.S. government has made a surprising move in the housing market. The Federal Housing Finance Agency (FHFA) has officially ordered Fannie Mae and Freddie Mac, two of America’s biggest government-backed mortgage companies, to start recognizing cryptocurrency as an asset when people apply for home loans.
On social media platform X (formerly Twitter), FHFA Director Bill Pulte announced this decision. He explained that after careful study, and in line with President Trump’s goal to make the U.S. the crypto capital of the world, both Fannie Mae and Freddie Mac must now prepare their businesses to accept cryptocurrency as part of mortgage applications.
In simple terms, this means that if you own crypto like Bitcoin, Ethereum, or XRP, it could be counted as part of your assets when applying for a mortgage backed by Fannie Mae or Freddie Mac.
This is important because it marks the first time U.S. government-supported mortgage firms have officially recognized crypto as a financial asset. Until now, crypto was often seen as too risky or too new for traditional financial products like home loans.
Now, with this new rule, it could open the door for millions of crypto holders in the U.S. to use their digital assets to qualify for mortgages. It’s another clear sign that crypto is becoming more mainstream and accepted by big institutions.
This move will likely push private banks like JPMorgan, Bank of America, and Wells Fargo to follow suit. If government-backed firms are doing it, the private sector won’t want to be left behind. This could lead to new crypto-related financial products, loans, and services in the near future.
There’s also talk of banks launching their own stablecoins and expanding crypto services like trading and custody for their customers.
The FHFA is an independent U.S. federal agency that supervises and regulates Fannie Mae, Freddie Mac, and the Federal Home Loan Banks, ensuring a stable and liquid mortgage market.
Yes, the FHFA has ordered Fannie Mae and Freddie Mac to recognize cryptocurrency as an asset for mortgage applications, meaning your crypto holdings could help you qualify.
This move is expected to pressure private banks like JPMorgan, Bank of America, and Wells Fargo to offer similar crypto-related financial products, loans, and services.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Analyst Jesse from Apex Crypto Consulting says XRP could play an important role in a…
Ethereum price has bled hard after facing a strong rejection around the $4,700 level. In…
When a crypto analyst recently predicted that the XRP price could hit $100 by 2030,…
Seychelles, 8th October, 2025 - Global cryptocurrency exchange Zoomex today announced a landmark partnership with…
Timing has always been everything in crypto. Those who recognize momentum early often capture the…
Bitcoin has reached a new all-time high above $125,000, but market history shows this is…
