The U.S. Federal Housing Finance Agency (FHFA) is set to investigate how cryptocurrency holdings could be considered when qualifying for mortgages. This move by the independent regulator, which oversees key entities like Fannie Mae and Freddie Mac, signals a growing mainstream acceptance of digital currencies in the financial sector.
“We will study the usage [of] cryptocurrency holdings as it relates to qualifying for mortgages,” FHFA Director Bill Pulte announced on social media platform X on Tuesday.
Pulte, who took on the director role in March, has been a public advocate for crypto since 2019, even disclosing significant personal holdings in Bitcoin and Solana valued between $500,001 and $1 million, according to his financial disclosure posted in February. He also holds shares in Bitcoin mining firm MARA Holdings.
While the announcement marks a significant step, the FHFA director did not provide further details on the study’s scope, which specific cryptocurrencies might be considered, or a timeline for the research.
