FHFA Directs Fannie Mae, Freddie Mac to Draft Proposal on Counting Crypto in Mortgage Risk Reviews

The U.S. Federal Housing Finance Agency (FHFA) has instructed Fannie Mae and Freddie Mac to develop proposals that would allow cryptocurrency to be treated as an asset in mortgage risk assessments. FHFA Director William Pulte (\u0022@pulte\u0022) said the effort aligns with the Trump administration\u0027s goal of making the United States the \u0022crypto capital of the world.\u0022 Under the directive, eligible crypto holdings kept on U.S.-regulated centralized exchanges could be factored into assessments without being converted into U.S. dollars, pending additional approvals.