🚨 Breaking News: The US housing market just flipped the script! 🏡💸
Now you can use your Bitcoin without selling it to buy a home (Mortgage) in the USA!
According to the new historic legislation from Fannie Mae and Freddie Mac:
No need to sell crypto: The requirement to sell Bitcoin for obtaining a loan has been lifted. This means no taxes will be incurred, and future profits remain intact.
Asset recognition: Your crypto will now be classified as a legitimate asset (Reserve), bolstering your financial position.
What are the conditions? The crypto must be held on a regulated exchange like Coinbase, and a percentage haircut will be applied to its value.
The first Bitcoin mortgage loan in the USA has successfully closed! This is a massive win for crypto holders.
What do you think? Should Pakistan and other countries adopt similar regulations? Let us know in the comments below! 👇
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#fintech $BTC