US lender Newrez will now accept cryptocurrency holdings for mortgage approvals, according to reports. The new policy allows borrowers to use Bitcoin, Ether, crypto ETFs, and US dollar-backed stablecoins for asset verification and income estimates. Borrowers will not be required to liquidate their crypto holdings. The development marks a step toward integrating digital assets into traditional financial systems.

US lender Newrez will now accept cryptocurrency holdings for mortgage approvals, according to reports. The new policy allows borrowers to use Bitcoin, Ether, crypto ETFs, and US dollar-backed stablecoins for asset verification and income estimates. Borrowers will not be required to liquidate their crypto holdings. The development marks a step toward integrating digital assets into traditional financial systems.