Fartcoin won’t help you buy a house unless it’s on Coinbase

Prospective home buyers could soon be approved for mortgages based on their bitcoin, ether, or even fartcoin holdings after the US Federal Housing Finance Agency (FHFA) ordered two of the largest mortgage buyers to consider crypto in their risk assessments. Yesterday, FHFA Director William Pulte ordered government-sponsored mortgage buyers Fannie Mae and Freddie Mac to prepare a “proposal for consideration” that treats cryptocurrency as a legitimate asset for single-family loan risk assessments.  He claims the proposition aligns “with President Trump’s vision to make the United States the crypto capital of the world.” The proposal would mean that crypto holders wouldn’t have to convert their crypto into US dollars in order to qualify for a mortgage loan source: https://protos.com/fartcoin-wont-help-you-buy-a-house-unless-its-on-coinbase/