Key Takeaways The US housing finance regulator wants Fannie Mae and Freddie Mac to draft plans that treat crypto as part of a borrower’s assets for mortgage review. Crypto holdings can be counted directly in mortgage underwriting if the proposals are approved. Share this article The US Federal Housing Finance Agency (FHFA) has directed mortgage […]
Cryptocurrency just took a major step toward financial legitimacy as U.S. housing regulators move to treat it as verifiable mortgage reserve capital, reshaping borrower risk assessments nationwide. Mortgage Industry Faces Transformation as Federal Housing Authorities Move to Legitimize Crypto Reserves A bullish regulatory shift is underway as federal housing authorities move to recognize cryptocurrency as
Fannie Mae, Freddie Mac Ordered to Prepare for Crypto as Mortgage Asset Read More »
Senator Cynthia Lummis (R-WY) encouraged her fellow U.S. lawmakers to advance both the GENIUS Act and broader crypto market structure overall in a Wednesday appearance on CNBC’s Squawk Box. Lawmakers Must Find Path Forward For Crypto, Cynthia Lummis Says Speaking with Squawk Box co-anchor Joe Kernen on June 25, Lummis expressed her hopes that both
The European Union is preparing to relax its stance on foreign-issued stablecoins, potentially allowing U.S. dollar-backed tokens like USDC and USDT to circulate freely within the bloc, the Financial Times reported on June 25. According to the report, the European Commission will soon issue formal guidance enabling stablecoins issued outside the EU to be treated
European Commission to ease rules on foreign stablecoins despite ECB opposition Read More »
US Federal Housing Finance Agency (FHFA) Director Willian J. Pulte ordered on June 25 that Fannie Mae and Freddie Mac treat cryptocurrency reserves as eligible assets when they measure risk on single-family mortgage loans, effective immediately. The two government-sponsored enterprises must draft plans that show how they will recognize borrower crypto holdings without first converting
US adopts crypto in mortgage risks as Fannie Mae and Freddie Mac update asset models Read More »
HB 2324 heads to the governor’s desk after House vote, establishing a U.S. first: a state-run Bitcoin reserve funded entirely by forfeited digital assets The Arizona House of Representatives passed House Bill 2324 on Tuesday, approving legislation to create the first Bitcoin reserve in the United States funded solely through seized digital assets. The 34–22
Arizona state won’t buy Bitcoin Read More »
Key Takeaways Arizona’s HB 2324 would let the state build a digital assets reserve from seized crypto assets. The bill has passed the House and awaits Governor Hobbs’ signature to become law. Share this article The Arizona House of Representatives on Tuesday passed House Bill 2324 (HB2324), legislation focused on creating a state-managed reserve for
Arizona Bitcoin Reserve bill HB2324 passes House, heads to Governor Hobbs for signature Read More »
U.S. and U.K. regulators are accelerating unified oversight of digital assets, stablecoins, AI in finance, and cross-border innovation, reshaping global markets and fortifying financial stability. US-UK Power Bloc Moves Aggressively on Digital Assets and Global Financial Stability The U.S. Department of the Treasury issued a Joint Statement on the U.S.-U.K. Financial Regulatory Working Group on
Top Regulators Forge US-UK Alliance to Oversee Digital Assets Read More »
South Korea’s central bank is advocating for a phased introduction of won-denominated stablecoins, initially prioritizing regulated commercial banks for their issuance. Stablecoins Could Significantly Influence Korean Monetary Policy South Korea’s central bank is advocating for a phased introduction of won-denominated stablecoins, prioritizing rigorously regulated commercial banks for initial issuance. According to Ryoo Sang-dai, senior deputy
Korean Central Bank Advocates Measured Stablecoin Approach Read More »
Key Takeaways The House is likely to consider the GENIUS stablecoin bill only if it’s accompanied by the CLARITY Act. The GENIUS Act would establish federal standards and licensing for stablecoin issuers, while the CLARITY Act provides regulatory categorization for digital assets. Share this article House Majority Whip Tom Emmer has indicated that the stablecoin-centric
