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Crypto industry moves into the U.S. housing market

The nation’s largest mortgage finance firms, Fannie Mae and Freddie Mac, will begin accepting crypto as an asset on a mortgage application, in another significant step by the Trump administration to bring digital currencies into mainstream finance.

 

“In a world where regulatory enforcement has been largely taken off the table, the boundaries are getting pushed very quickly,” said Tyler Gellasch, a former lawyer at the Securities and Exchange Commission, who runs the Healthy Markets Association, a financial industry trade group.