Plain Language: Trump Allows 401(k) Investments in Cryptocurrency
This is a move that will fundamentally change pension investments in the United States.
The purse strings have been opened.
Americans have $12.5 trillion in their pension accounts, and now this money can legally buy Bitcoin and Ethereum, effectively opening a super-sized faucet for the crypto market.
Investment methods have drastically changed.
Previously, one could only buy stocks and government bonds, but now it is possible to buy cryptocurrencies like INJ through formal funds, allowing for "saving money and earning interest."
Political bigwigs are in support.
Trump's own company has bought $2 billion in Bitcoin and has recently been aggressively acquiring Ethereum, having introduced new laws supporting cryptocurrency.
The impact of this event:
CCTV even did a 20-minute special report, and related currencies surged by 40% in a single day, with $1.9 billion in funds pouring in.
Anyway, this is also to address pension issues, which holds significant reference value for Dongda.
#特朗普允许401(k)投资加密货币