President Trump will sign an executive order allowing cryptocurrencies to be part of 401(k) retirement plans for U.S. workers, as confirmed by the White House Press Office. This order mandates the U.S. Labor Department to reassess restrictions on alternative investments in defined-contribution plans, including digital assets. This significant decision aims to open up the $12.5 trillion retirement market to cryptocurrencies, potentially providing broader access for retail investors. The move is expected to enhance the legitimacy of digital assets within the financial system. Previous restrictions on crypto in retirement plans have been stringent due to concerns like fiduciary risk and regulatory uncertainty. The executive order will involve collaboration with the U.S. Treasury and the SEC to adjust rules that govern these types of investments. Although details were still unofficial, the announcement signifies a shift toward increased accessibility of cryptocurrencies for average Americans' retirement savings. May 28, 2025, was a notable date when the Labor Department revoked prior guidance suggesting caution towards crypto in 401(k) investments.

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