Trump Plans Executive Order To Add Crypto To 401(k) Menus—$8.7 Trillion Retirement Market Poised For Bitcoin, Ethereum And Takeover Funds: Report
President Donald Trump is planning to issue an executive order that will allow cryptocurrencies to be included in U.S. retirement plans, according to a report published Thursday.
What Happened: The executive order is expected to be signed this week, the Financial Times reported, citing three sources familiar with Trump’s plans, allowing 401(k) plans to diversify their investments beyond traditional stocks and bonds.
The proposed investments span a wide range of asset classes, including digital assets, metals, and funds focused on corporate takeovers, private loans, and infrastructure deals.
The executive order will instruct regulatory agencies to identify and address the remaining barriers that prevent such alternative investments from being included …
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