Changpeng Zhao: "Owning 0.1 Bitcoin Will Become the 'American Dream'"

JOON HYOUNG LEE

Summary

Changpeng Zhao, founder of Binance, stated that owning 0.1 Bitcoin will become the dream of future Americans.
The Federal Housing Finance Agency instructed to include cryptocurrencies like Bitcoin as eligible assets for mortgage loan evaluations.
As a result of this measure, it's anticipated that banks will be more likely to recognize cryptocurrency assets in loan screenings.

Changpeng Zhao (CZ), founder of Binance (pictured), stated on the 26th (local time) that "owning 0.1 Bitcoin (BTC) will be the dream of future Americans."

Founder Changpeng Zhao made this announcement through X, saying, "It's good news that Bitcoin has been recognized as a mortgageable asset." He also mentioned, "Until now, the American dream was to own a home," and continued, "however, the value of 0.1 Bitcoin will surpass that of a single U.S. house."

On the previous day (25th), the Federal Housing Finance Agency (FHFA) instructed two major U.S. government-backed mortgage loan agencies, Fannie Mae and Freddie Mac, to develop plans for including cryptocurrencies as assets in mortgage loan evaluations. With this recent action from the FHFA, analysis suggests that banks may also recognize cryptocurrencies as assets in future loan evaluations.

William Pulte, Director of the FHFA, announced, "This move aligns with President Donald Trump's vision of making the U.S. the 'world's cryptocurrency capital.'"

BTC