Trump Signs Executive Order Opening 401(k) Plans to Crypto 🚀
Former President Trump has officially cleared the way for cryptocurrencies — alongside private equity and real estate — to be included in 401(k) retirement accounts. The Department of Labor, SEC, and Treasury will now review how to roll this out.
Market Response:
📈 $BTC spiked above $117K on the announcement, with $ETH also climbing sharply.
Key Highlights:
Bitcoin & Ethereum Rebound: Post-401(k) news, Bitcoin surged past $116K, while Ethereum rallied to around $3,852.
Vitalik Buterin on Layer 2: The Ethereum co-founder is pushing for withdrawals within one hour on Layer 2 solutions — even if it means slightly reducing decentralization.
Plasma & Aave Partnership: The two blockchain firms launched a new investment fund aimed at institutional blockchain investors, signaling rising interest from traditional finance.
