New Lummis Bill Would Back Effort to Ensure Crypto Assets Can Justify U.S. Mortgages
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The digital assets industry's most reliable U.S. Senate ally, Cynthia Lummis, has introduced her latest crypto bill , which would ensure mortgage borrowers could use their cryptocurrency holdings to help secure their loans. Last month, Federal Housing Finance Agency Director William Pulte directed government-backed mortgage giants Fannie Mae and Freddie Mac to come up with proposals detailing how they can include crypto holdings to underpin a mortgage. Lummis' bill would "permit the holdings of ...
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