Bitcoin Gets The Greenlight To Be Counted As Assets For Mortgage Applications, But What About XRP?

A major breakthrough has just arrived for Bitcoin and the crypto industry from one of the most influential financial regulatory bodies in the United States. The Federal Housing Finance Agency (FHFA), which oversees the country’s largest mortgage liquidity providers, has issued a directive that could change how digital assets are viewed. Under this directive, mortgage liquidity providers have been officially ordered to begin preparations for considering cryptocurrencies as part of a borrower’s asset portfolio during mortgage evaluations. Crypto As Mortgage-Eligible Asset In a recent post on the social media platform X, FHFA Director Bill Pulte issued a directive instructing Fannie Mae and Freddie Mac to prepare proposals that allow homebuyers to count cryptocurrency holdings held on US-regulated exchanges as part of their asset reserves for mortgage applications without converting them into dollars source: https://www.newsbtc.com/news/bitcoin/bitcoin-for-mortgage-applications/