White House Official Says Trump Administration Is Committed To Bitcoin, Hints At 'Accumulation Plan' For Strategic Reserve

White House Official Says Trump Administration Is Committed To Bitcoin, Hints At 'Accumulation Plan' For Strategic Reserve

Patrick Witt, deputy director of the White House Council on Digital Assets, said Wednesday that the administration is pursuing a “accumulation plan” to acquire Bitcoin (CRYPTO: BTC) for the strategic national reserve.

Trump administration moves to count crypto as a federal mortgage asset

The Trump administration is ordering Fannie Mae and Freddie Mac to formally consider cryptocurrency as an asset in single-family mortgage loan risk assessments.

Regulator Orders Fannie, Freddie to Consider Crypto Holdings in Loan Assessments

FHFA's Pulte Orders Fannie, Freddie to Consider Crypto as Mortgage Asset – WSJ

The two companies are told to come up with a proposal on how they would review crypto as an asset. Source link The post FHFA's Pulte Orders Fannie, Freddie to Consider Crypto as Mortgage Asset – WSJ first appeared on Crypto News Wire.

The US opens to the possibility of mortgages backed by Bitcoin and cryptocurrencies

The Trump administration could soon open the doors to cryptocurrencies in the American mortgage sector.

U.S. Mortgage Titans To Count Crypto As Borrower Assets In Landmark Policy Shift

US mortgage giants Fannie Mae and Freddie Mac gear up to start recognizing crypto as an asset for mortgages following the Federal Housing Finance Agency order.  The enterprises are expected to conduct risk assessments and set adjustment strategies prior to implementing any changes. The U.S. Federal Housing Finance Agency (FHFA) has ordered top mortgage enterprises Fannie Mae and Freddie Mac to prepare their businesses to begin incorporating cryp…