Crypto
U.S. lender NewRez approves mortgages for crypto holders
U.S. mortgage lender NewRez will expand its loan approval process to include applicants who hold cryptocurrencies, Cointelegraph reported on Jan. 16. The policy will take effect in February and will cover holders of bitcoin, ether, cryptocurrency ETFs and dollar-pegged stablecoins. Crypto assets must be kept at U.S. regulator-approved exchanges or at fintech platforms, brokerages or banks, and will be accounted for with market volatility. The FHFA is reviewing a similar move for 2025.
