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White House Official Says Trump Administration Is Committed To Bitcoin, Hints At 'Accumulation Plan' For Strategic Reserve
- On June 25, the FHFA directed Fannie Mae and Freddie Mac to develop proposals for accepting cryptocurrency as mortgage assets, marking the first major integration of digital assets into U.S. housing finance.
- In June 2025, FHFA's Pulte directed Fannie and Freddie to consider crypto assets, citing Trump-era goals to improve risk evaluation and expand homeownership.
- Strategy's Michael Saylor called it a “defining moment,” Bitcoin surged past $107,000, and he offered to share his BTC credit model with the FHFA.
- Following the FHFA directive, Bitcoin's price surged past $107,000, reflecting strong market enthusiasm and expectations of expanded mortgage access for qualified borrowers.
- Fannie Mae and Freddie Mac must secure board approval for crypto proposals before submission, with the FHFA directive remaining active unless rescinded or modified.
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White House Official Says Trump Administration Is Committed To Bitcoin, Hints At 'Accumulation Plan' For Strategic Reserve
Patrick Witt, deputy director of the White House Council on Digital Assets, said Wednesday that the administration is pursuing a “accumulation plan” to acquire Bitcoin (CRYPTO: BTC) for the strategic national reserve.
·New York, United States
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US Govt Declares Bitcoin Strategic Asset In New National Reserve Plan » News.ng
The White House is laying the groundwork for a national Bitcoin reserve—and it’s not looking to sell anytime soon.During a recent address at the Bitcoin Policy Institute, Bo Hines, who leads crypto policy efforts at the White House, reaffirmed the government’s growing interest in Bitcoin, calling it the “digital gold” of the modern era. Hines stated that the U.S. government aims to acquire as much Bitcoin as possible and has no intention of offl…
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Leaning Left2Leaning Right0Center3Last UpdatedBias Distribution60% Center
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