The Federal Housing Finance Agency of America ( FHFA ) has classified cryptocurrencies as eligible assets for mortgage applications. Description: • The Federal Housing Finance Agency of America ( FHFA ) issued a directive requiring Fannie Mae and Freddie Mac to prepare to include cryptocurrencies as reserve assets in the risk assessment of single-family home mortgages. • Borrowers do not need to convert cryptocurrencies to dollars; cryptocurrencies will be considered part of the borrower’s asset evaluation. • This measure aims to allow companies to assess all available asset information for reserves, promoting that reputable borrowers achieve sustainable homeownership. Impact Analysis: • Benefits cryptocurrency lending institutions, opening large-scale federal lending projects for more borrowers. • Boosts the integration of crypto assets with the traditional financial system, accelerating the spread of cryptocurrencies into everyday life. • Helps improve the current situation of the real estate market in the United States, increasing market demand and alleviating the recession in the real estate market.