Encryption assets are officially incorporated into the U.S. mortgage assessment system, which has far-reaching significance.

Recently, the Federal Housing Finance Agency (FHFA) in the United States made a landmark decision to officially include encryption assets in the mortgage asset assessment system for the first time. Although this policy is still in the exploratory stage and details are yet to be clarified, its strategic significance has sparked widespread discussion in the encryption community and is seen as an important step in accelerating the integration of cryptocurrency into mainstream finance.

FHFA Director William J. Pulte recently announced on social media that the agency has instructed Fannie Mae and Freddie Mac to prepare to include encryption currency in the asset category for mortgages. This decision aims to respond to the vision of making the United States a global hub for crypto capital.

The FHFA pointed out in official documents that Fannie Mae and Freddie Mac play a key role in the U.S. housing finance system. Cryptocurrency, as an emerging asset class, may provide new opportunities for wealth accumulation, but has long been excluded from housing loan assessment standards. The FHFA believes that incorporating a more diversified asset class will help to comprehensively assess a borrower's reserve capacity and enhance the likelihood of creditworthy borrowers achieving sustainable homeownership.

According to the FHFA's instructions, Fannie Mae and Freddie Mac need to develop proposals to study how to incorporate encryption currency as a qualifying reserve asset category into single-family residential loan risk assessments, without having to convert it to US dollars before the loan concludes. At the same time, only encryption currency assets stored in U.S. regulated centralized exchanges and compliant with relevant regulations can be considered. When developing the assessment mechanism, risk factors such as market volatility must also be considered, and necessary mitigation measures should be introduced.

The introduction of this policy comes at a time when the U.S. housing market is facing multiple pressures. The high interest rate environment and insufficient housing supply have led to a significant decline in mortgage issuance, with the national home ownership rate dropping to its lowest level in recent years. More and more young people are forced to postpone their home buying decisions. Against this backdrop, the FHFA's new policy is seen as a breakthrough measure aimed at alleviating structural issues, especially considering the increasing popularity of encryption assets among young people in the United States.

The encryption community has reacted enthusiastically to this move. Many well-known figures in the industry have expressed their support, believing that this is another important turning point for encryption assets to enter mainstream finance. Some comments point out that this reform will disrupt traditional real estate investment and is expected to address many long-standing pain points in the industry.

It is worth noting that FHFA Director Pulte himself is also a supporter of cryptocurrency. According to publicly available financial disclosure documents, he holds a certain amount of Bitcoin and Solana, as well as shares in some crypto-related companies. Since 2019, Pulte has publicly supported Bitcoin multiple times, believing it to be an important tool for helping the world's poorest populations, especially those who are "unbanked."

Although the specific implementation details of this policy are yet to be clarified, its symbolic significance is already self-evident. As encryption assets gradually integrate into the mainstream financial system in the United States, their impact on the global financial landscape deserves continued attention.