US mortgage assessment first payment cryptocurrency asset, Bitcoin officially recognized as proof of reserve On June 26th, the Federal Housing Finance Agency (FHFA) in the United States ordered that Fannie Mae and Freddie Mac include cryptocurrencies in their mortgage asset assessment system, marking the first time that the United States has officially recognized the status of cryptocurrencies in the housing credit system. William J. Pulte, Director of FHFA, said that the move was in response to Trump's vision of building a "global encryption center", aimed at improving the inclusiveness of the financial system and helping more Americans achieve their housing purchase goals. According to the instructions, relevant institutions need to submit a plan to include encrypted assets that can be issued certificates and are managed by centralized exchanges in the reserve assets of loan applicants, and under the premise of controllable risks, they can be included in the evaluation without the need to exchange them into US dollars in advance. The new policy encourages a more comprehensive assessment of borrowers' financial conditions, but the currency range or specific timeline is currently unclear. The policy was introduced at a time when the US housing market was sluggish, with mortgage payments falling to a historic low and the proportion of first-time homebuyers far below normal levels. Analysis suggests that allowing encrypted assets as reserves is expected to unleash the housing demand of young people and inject new vitality into the market. This decision has sparked heated discussions in the cryptocurrency community, with industry leaders including Michael Saylor, Pompliano, Bitwise, and others expressing their support, calling it an important milestone for Bitcoin's integration into the mainstream financial system in the United States. FHFA Director Pulte himself is also an early holder and advocate of Bitcoin, publicly holding BTC and SOL assets. He emphasized that Bitcoin is not only an anti inflation tool, but also empowers vulnerable groups without bank accounts. This reform not only reflects the recognition of encrypted assets by the policy level, but also marks that Bitcoin is becoming a part of the "housing dream" financial system in the United States.