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The mortgage program allows borrowers to pledge Bitcoin or USDC as collateral while accessing traditional Fannie Mae-backed home financing.

Bitcoin investors should remain cautious of further losses, especially if inflows to exchanges and outflows from ETFs remain unchanged.

Regulators are increasingly targeting how crypto products are marketed, not just the firms behind them.

Authorities around the world have been heavily targeting scam infrastructure this year, with joint actions involving the US, UAE, China, Austria and Albania.

The move comes as Ether prices slumped to a 14-month low below $1,750 on Thursday.