⚡️ More details about Donald Trump's new decree:
➠ The new decree allows Americans to invest in "alternative assets" (private equity) through retirement savings – real estate, digital assets, and more.
➠ Rules for fiduciaries (asset managers) have been simplified – less risk, more flexibility in portfolio formation.
➠ An increase in returns and a more stable pension is expected due to asset diversification.
➠ Market size: $12,500,000,000,000+, potential for a huge fresh influx of capital into crypto. 90,000,000 Americans use 401(k) retirement plans.
➠ The Department of Labor and the SEC have been tasked with reviewing and relaxing previous restrictions (including those imposed during Biden's administration), making alternative assets available for all retirement plans. Coordination with the Treasury and other regulators for large-scale reforms is mandatory.
++ Donald Trump signed a decree aimed at combating discrimination by banks against cryptocurrency companies and clients.
