The US intends to allow cryptocurrencies to be used as mortgage assets for the "two houses" and the market is worried about the subprime mortgage crisis

Odaily Planet Daily News The Federal Housing Finance Agency (FHFA) of the United States ordered housing loan institutions Fannie Mae and Freddie Mac to consider using cryptocurrencies as collateral assets in residential mortgage risk assessments. Many people in the cryptocurrency industry said that this means that in the future, the asset review standards for Americans applying for housing loans may usher in a major change, and may allow the use of cryptocurrencies as collateral assets. An industry insider who did not want to be named told Caixin that this is undoubtedly a good thing for the crypto industry, but if this is true, then the volatility of the cryptocurrency market will directly affect the housing loan market, and the next subprime mortgage crisis will only be a matter of time. (Caixin.com)