President Trump is about to sign an executive order to include crypto in retirement funds
According to news agencies, Trump will sign an executive order allowing crypto, private investment funds, and real estate to be included in 401(k) retirement plans, opening up a $12.5 trillion market.
Although the detailed content has not been published, the order will require the Department of Labor to cooperate with the Department of Treasury and the SEC to ease legal regulations, helping fund managers confidently include crypto and alternative assets in their investment portfolios.
This is Trump's boldest move to integrate private assets into 401(k), following up on efforts from his previous term (which were canceled by Biden).