U.S. Housing Agency Considers Launching Crypto Experiment

The United States considers the first step to use other materials and other materials reviewed by the Housing and Urban Development, Meeting and Propublican and other officials familiar with other officials. Two officials believe that the initiative may have a trial period between the federal government of the initiative.

Discussions, some departmental facilities, especially financial assumptions, dramatic swings, dramatic swings, dramatic swings, dramatic swings, cryptist, uninsured digital assets, especially.

To date, the attention of the discussions is practicing using the CRYPTO, which is possible using the main technology – Blokchain – HUD grants. The gutter lawyer claims that technology is self-valuable for these purposes. However, according to experts, the basic use of the client is for crypto-class operations.

“It’s just 2008, 2009, 2008, another security in the 2008 housing market,” A HUD employee, Subprime mortgage crisis. “I don’t see it will help anything in any way. I see a lot of ways that this can hurt.” HUD discussions covered another asset to another asset to prevent another asset to prevent wild swings in the past.

The idea of ​​the blockhain pushes the HUD official to colleagues by Dennis Irving. The agency’s deputy director of the new General Director of the Agency is a global consulting giant, usually known by the original name, original name, Ernst & Young. O at the offer, the company’s executive director discussed his opinion with HUD officials last month.

The Crypto Industry found allied in Donald Trump in the leadership industryamplifier To lead the federal agencies, supported Studies made to Crypto firms and a “Strategic Bitcoin Reserve“(Bitcoin Plunged for $ 5,000 On Thursday during a watch of the opening of the reserve.) There is himself Significant financial interests In crypto. The White House is scheduled for the leading faces of the White House in the Crypto Summit.

In HUD, the proposal shows a new way of management can look for the industry’s Bulgarian: by providing daily expenditures and accounting experience of federal agencies and perhaps to include crypto. This is an action to match with this The requesting request Trump advisor Elon Musk, to use the federal costs to use the blockchain.

Dennis and Hud spokesman Kasey Lovett rejected both colleagues. “There are no plans for the blockchain or stablecoin in the department,” said Lovett. “Education is not implemented.”

Robert Judson confirmed that the executor, who participated in the talks. “As a company, we were controversing with the elected persons in the agency,” he said. Judson said he would ask Propublic to an open interview to an open interview, and then called back.

The White House did not respond to appeals for EY and Musk.

Hud officials held at least two meetings in connection with the blocchain offer last month. The first meeting included the list of participants, CFO and community planning and offices offices. The CPD provides billions of dollars grants in grants, including the development of haughty apartments, developing homeless shelters, recovery of disasters, and support the parks, sewerage and community centers, including financing, including financing financing, including financing. This was the office of CFO called the meeting, and one person told Propublic.

He was also Judson, as a participant in a meeting. For years Judson is a supporter for Blockchain, which is a digital booklet that creates an unchanged record of operations in many computers. Technology amplifiers carry mediators such as banks and credit card companies, as a way to cut intermediaries and make these operations more transparent and reliable. Judson wrote Blockchain can help prevent organizations, money to prevent placement for unexpected purposes. “As digital assets such as fixed coins or digital currencies, more powerful applications will emerge for integrated value exchange,” he said. Dennis serving as Hud CFO in the first Trump, in 2021, in a book in 2021, the agency should use the technology such as “Blokchain, Robotics and subsequent financial management systems.”

Stablecoins are supported by resources, including traditional currencies, goods and treasury securities. Unlike the value, unlike Bitcoin, it is expected to ensure their value. But next to Several high profileThe value of Stablecoins only did it.

At the HUD meeting, the participants discussed the “Proof Proof of CPD, which will start to monitor financial financing on a CPD grant buyer and perhaps Blokchain. The need for the project is not “good,” a participant wrote in the meeting notes later.

After the congregation, a HUD official wrote a memoro within an agency and said his opinion. “Without infliction, the implementation of every imagined in this HUD is a dangerous and inefficient,” he reads memo.

It does not have difficulty following HUD’s grant, memorians make new technology unnecessary. It will require the time consuming, complex and extensive exercise. The project is expected to accounts for financing and unexpected, despite the dollar, instead of grants in cryptist.

In later discussions with Hud employees, the author of the memo, compared to the “monopoly money”, described the proposal to the author to the author’s CryptoCurency to the Beach.

CPD officials continued to increase their concerns in a meeting on a note, a record of a record. (Judson did not participate in this case.) Some participants have seen dignity in the IBRCHIN, proposing that the grant recipients activate the monitoring of incorrect data and monitor their expenses and monitor their real-time reporting and monitoring.

“Maybe there’s something we can learn from him,” he said, “We feel like a more widespread advancement in the future in the future in the future.”

An officer asked why the agency reviewed the project. “Because it’s sexy,” someone answered. He said anything: “IRV is looking for by the blockchain, so we look.

Many details, including, including the offer, including the proposal to pay the cryptist in the cryptist in the match. But some said it would be.

“You can do it with a fixed currency. This can be up to the treasure and I think this way is valuable for it,” he said. “Would simulate the dollar.”

In addition to another, “it would be a cryptoist in each other mainly with US dollars.”

A financial official suggested that this idea could be widely applied. “We look at this for the whole enterprise. We just wanted to start in the CPD,” he said. The agency also considers the idea for the office of the public and Indian apartment, that the “Tentet Compatibility and Like This”. This office serves millions of people living in a public and federal subsidized apartment.

This is not the first time that the federal officials enter Stokchain’s government work. They took part in agencies, prototypes, prototypes and a working group in recent years, including the Treasury Department, Department of Commerce and Even HUD. However, those who watched the industries of Cryptovaluty were not notified as a wide application of the federal government technology, as HUD officials recently discussed.

Some crypto experts were suspected. “This is a terrible idea,” said Corey Freuder, a former officer in the US Securities and Exchange Commission, here was aimed at crypto and financial stability. “It’s completely wild that anyone with any meaning would take it into account.”

Frayer, now in the American Consumer Federation, warned the value of HUD grants in Stablecoin. The proposal expressed the most concern over the concept that the agency could be expanded. If this includes being inside the stablecoin, for example 1.3 trillion dollars Mortality insurance provided by the Federal Housing Management, a womb worth stablecoin said that the value of the stablecoin could have a great economic impact.

“Imagine a world involved in the housing industry of the government, all of all the funds full of this environment decreased by 13%,” he said, referring to 2023 episodes of a stablecoin below 13 kopecks fell dollars. “It’s hard to imagine that it will not be catastrophic.”

Hilary Allen, who is in the legal professional of the American University, which examines financial regulation and technology, has failed some high-level attempts to use for some high-profile cryptist. He said the technology would be a better tariff in the context of government grants that may damage the dependent on Hud funding to survive the bad results.

“Blockchain’s technology was around for 15 years. No one wants to use. So now,” said, “the most sensitive people”, “like” guinea pigs “.