On June 25, 2025, a landmark decision by the U.S. Federal Housing Finance Agency (FHFA), under Director William J. Pulte, ordered Fannie Mae and Freddie Mac to prepare for recognizing cryptocurrency—specifically highlighted by Michael Saylor as Bitcoin—as a reserve asset for mortgage approvals. This directive, rooted in President Donald Trump’s vision to establish the U.S. as the "crypto capital of the world," marks a pivotal shift in financial policy.