Cathie Wood, leader of Ark Invest, has publicly endorsed a proposal from the U.S. Federal Housing Finance Agency (FHFA). The housing agency is considering a new rule that could allow people to use Bitcoin (BTC) and other cryptocurrencies when applying for home loans. Bitcoin May Soon Be Used in Mortgage Applications This change could help many crypto holders qualify for mortgages without having to convert their digital money into physical cash. The proposal has caught the attention of top financial leaders, including Strategy’s Chairman, Michael Saylor. She believes this proposal, if approved, could give the digital asset a bigger role in the U.S. financial system. Under the current system, banks typically verify a person’s income, employment status, and credit history before approving a mortgage. This can be a problem for individuals who own a significant amount of cryptocurrency but do not have a steady income or a regular job. This is because banks have not widely accepted digital assets as tangible proof of wealth. The FHFA’s proposal is set to change that. The new rule would allow crypto holders to use their digital assets as part of their loan application. This means they might not need to sell their Bitcoin to prove they can afford a home. Cathie Wood and Michael Saylor Weigh In Cathie Wood supported the idea, saying it could help more people become homeowners and increase the acceptance of crypto in the economy. Michael Saylor, another big supporter of Bitcoin , agreed and said Bitcoin is not just a risky investment. He added that the digital coin is a strong store of value and a powerful tool for resisting authoritarian financial control . In his view, Bitcoin deserves the same recognition as traditional assets, such as cash or stocks. He added that home ownership should not be out of reach for people with Bitcoin holdings. This is especially important for early Bitcoin investors and individuals who earn in cryptocurrency but lack formal income documents. Bitcoin to See Mainstream Use Bill Pulte, the new Director of FHFA, also backed the proposal. In a recent X post , he stated that the housing agency will carefully examine how cryptocurrency can reflect a borrower’s financial strength. This signals a growing effort to bring digital assets into the core of everyday finance. Meanwhile, the United Wholesale Mortgage became the first mortgage company to accept cryptocurrency payments . However, the initiative was halted in 2021 due to ongoing regulatory uncertainty. Fast-forward to 2025, crypto-friendly policies are now gaining momentum across the country. This comes as President Donald Trump has shared his vision to make America the crypto capital of the world. If the FHFA’s proposed rule is implemented, it could also attract more banks and large companies to the crypto space. It would help make Bitcoin more than just an investment; it could become a real tool for building and securing wealth. The post Cathie Wood Says New Mortgage Rule May Benefit Crypto appeared first on TheCoinrise.com .
