BlockBeats news, on July 18, according to the UK (Financial Times), Trump is preparing to open cryptocurrencies, gold, and private equity to the $9 trillion U.S. retirement market, a move that will stimulate a fundamental shift in how Americans manage savings.
According to three informed sources, Trump is expected to sign an executive order as early as this week to open alternative investments beyond traditional stocks and bonds for 401k retirement plans. These investments will involve a wide range of asset classes, from digital assets to metals, as well as funds focused on corporate acquisitions, private loans, and infrastructure deals.
The aforementioned informed sources stated that the executive order will instruct regulators to investigate the obstacles faced by professionally managed funds that incorporate alternative investments into 401k savers.
