Quantcast

Founder of Binance on mortgage assets: 'The future American Dream will be to own 0.1 BTC'

Nigeria drops tax charges against ailing Binance exec as spouse calls for end to ‘nightmare’
Tesla (TSLA): shareholders validate Elon Musk's $56 billion compensation plan
MoonPay and PayPal’s Partnership Expands to EU and UK
Can Solana bounce back thanks to the CPI and the Fed after a 17% correction?
Singapore money launderer gets 17 months in $2.2bn case involving illicit crypto
The EU is targeting crypto privacy, Monero facing a significant challenge.
Brazil’s Largest Bank Expands Bitcoin and Ether Trading to All Customers
Wife of Binance exec ‘expected a lot more’ from US as husband languishes in Nigerian prison
Tokenization: Fidelity tokenizes the shares of its money market fund on the JPMorgan blockchain
South Korea exceeds all other countries in terms of crypto adoption, what are the consequences?
Crypto: Investors are accumulating Ethereum ahead of the next price surge
Solana-based multisig protocol Squads raises $10 million, launches retail wallet app Fuse
Norwegian government freezes and returns $5.7 million connected to Ronin hack
Breaking: Robinhood to Acquire Bitstamp Crypto Exchange in $200 Million All-Cash Deal
Former Federal Prosecutors, Agents Ask U.S. Sec. Blinken to ‘Step Up’ Efforts to Secure Detained Binance Exec’s Release
HOOD Stocks Will Explode, It's the Deal of the Century According to Experts
Bitcoin - European Central Bank (ECB) Reopens the Floodgates
SEC’s Gary Gensler ditches favourite crypto broadside
Will Dogecoin hit $1 in June? What the forecasts tell us
Author: U.S. citizen detained in Nigeria is being 'denied proper medical treatment for malaria'
France: Lugh announces the end of its stablecoin EURL – Why?
Europe: Bitpanda announces major partnership with Deutsche Bank
What are the 5 cryptocurrencies that performed best in May 2024?
Binance to restrict 'unauthorized' stablecoins in EU starting June 30, urges users to switch to regulated tokens
Ethereum ETF: 3 reasons for future failure for JPMorgan
SpacePay Brings Crypto To Traditional Commerce Using Revolutionary Payment Software – Next Big Altcoin of 2024?
Crypto: The impact of the European elections on regulation
“We must change this peremptory tone”: Bruno Le Maire tackled by the Finance Commission on the public deficit
Bitcoin and gold: A growing correlation to closely monitor
Franklin Templeton files amended S-1 for spot Ethereum ETF, lists 0.19% fee
Founder of Binance on mortgage assets: 'The future American Dream will be to own 0.1 BTC'
Web3/Crypto
Webp changpeng zhao ceo
Changpeng Zhao, Founder for Binance | X

Changpeng Zhao, founder of Binance, said that a move for Fannie Mae and Freddie Mac to count bitcoin as a mortgage asset signals a shift in the American Dream. The statement was made on X.

"This is great to see, BTC count as assets for mortgage," said Zhao. "The current American Dream is to own a home. The future American Dream will be to own 0.1 BTC, which will be more than the value of a house in the US."

Recent U.S. government actions indicate a potential policy shift in mortgage lending. According to Business Insider, the Federal Housing Finance Agency (FHFA) has directed Fannie Mae and Freddie Mac to draft plans allowing cryptocurrency assets—if held on U.S.-regulated exchanges—to be counted in single-family mortgage assessments. This initiative marks the first time federally backed mortgage institutions may accept digital assets, reflecting a growing recognition of crypto’s financial role. The move is part of broader debates on digital asset regulation, amid both optimism for broader homeownership and concerns over crypto volatility.

Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

The U.S. homeownership rate was 65.1% in the first quarter of 2025, representing a slight decline from recent years. As reported by the Federal Reserve Economic Data, the average sale price of new single-family homes climbed to $522,200 in May 2025. This value reflects ongoing pressures in the housing market, including inflation and constrained supply, underscoring persistent affordability challenges for American buyers.

According to SmartValor, Bitcoin’s value has skyrocketed by over 3,100% in the past five years, while U.S. median home prices saw a much slower annual growth of 3–5%. The median U.S. home price is now around $412,100 and has dropped from roughly 59 BTC in 2017 to just 11 BTC by 2022. This trend highlights the volatility and rapid gains seen in crypto relative to traditional assets.

Forbes reports that Changpeng Zhao, commonly known as CZ, is a visionary entrepreneur who founded Binance in 2017 and quickly grew it into the world’s largest cryptocurrency exchange by trading volume. He is widely recognized for his leadership in advancing blockchain technology and promoting financial inclusion globally, making him one of the most influential figures in the crypto industry. Zhao's innovative strategies and commitment to expanding crypto accessibility have earned him a reputation as a pioneer in digital finance.

Organizations Included in this History
More News

Brad Garlinghouse, CEO of Ripple, said that the company enables global financial institutions to enhance cross-border payments and efficiency through digital technology.

Jul 9, 2025

Changpeng Zhao, founder of Binance, said that a move for Fannie Mae and Freddie Mac to count bitcoin as a mortgage asset signals a shift in the American Dream.

Jul 7, 2025

Binance has announced the launch of PIXEL APR Boost Airdrop Rewards for the 11th project on BNSOL Super Stake, in collaboration with Pixels (PIXEL), a web3 game on the Ronin Network.

Jul 7, 2025

Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), said that public companies increased their bitcoin holdings more rapidly than exchange-traded funds (ETFs) in the second quarter.

Jul 5, 2025

CoinFlip, a global digital currency platform, has announced the launch of a new user interface for its CoinFlip Preferred service.

Jun 30, 2025

Gum Shoe, a crypto influencer, has highlighted the long wait times and high fees at Coinbase compared to better service at Binance as evidence of the need for increased competition among U.S. crypto exchanges.

Jun 23, 2025