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Sen. Lummis introduces bill requiring Fannie Mae and Freddie Mac to consider crypto as an asset for mortgages

Sen. Lummis introduces bill requiring Fannie Mae and Freddie Mac to consider crypto as an asset for mortgages

Republican Sen. Cynthia Lummis introduced a bill that would put into law an order from a U.S. housing agency directing Fannie Mae and Freddie Mac to evaluate cryptocurrency as an asset for mortgages. The Wyoming Senator said her legislation, the 21st Century Mortgage Act, would help people build wea…