π¨NEW: Crypto is being further legitimized by the Trump administration.
Fannie & Freddie have been directed to explore counting crypto as reserves in mortgage applications, without converting to USD. Only assets on U.S.-regulated exchanges would qualify, with safeguards for volatility.
After significant studying, and in keeping with President Trumpβs vision to make the United States the crypto capital of the world, today I ordered the Great Fannie Mae and Freddie Mac to prepare their businesses to count cryptocurrency as an asset for a mortgage.
SO ORDERED