Binance Founder CZ says “the current American Dream is to own a home.”

This is coming after U.S. Director of Federal Housing—FHFA— William Pulte ordered “the Great Fannie Mae and Freddie Mac to prepare their businesses to count cryptocurrency as an asset for a mortgage.”

The FHFA’s move to consider crypto for mortgages open homeownership to crypto holders. It aligns with financial innovation but comes with risks like volatility and security concerns.

“The future American Dream will be to own 0.1 $BTC, which will be more than the value of a house in the US.” CZ added.

By: Adeoye Olorunseun Elizabeth