Fannie Mae now accepts Bitcoin as mortgage collateral

Fannie Mae now accepts Bitcoin as mortgage collateral

“So they announced that they're going to be accepting Bitcoin and U.S. Dollar Coin—which is a dollar-backed stablecoin, as collateral for mortgages,” says Rebecca Patterson, expressing concern about borrowers using cryptocurrency to secure a Fannie Mae loan without liquidating their holdings. Watch or listen to the latest episode of The Spillover at https://youtu.be/GyP-1vtVIBc Subscribe to our channel: https://goo.gl/WCYsH7 This work represents the views and opinions solely of the author. The Council on Foreign Relations is an independent, nonpartisan membership organization, think tank, and publisher, and takes no institutional positions on matters of policy. Visit the CFR website: http://www.cfr.org Follow CFR on X: http://www.twitter.com/cfr_org Follow CFR on Facebook: https://www.facebook.com/councilonforeignrelations/