📢 Washington D.C. – President Donald Trump has just taken two historic steps to promote the cryptocurrency industry in the U.S., receiving accolades from many prominent figures in finance, including the author of Rich Dad Poor Dad, Robert Kiyosaki.
On social media, Kiyosaki praised Trump’s new executive order regarding retirement accounts as “big news” and called him a “great leader.” The two orders signed this week are said to reshape the entire legal and investment landscape for the crypto market in the United States.
🔹 Executive Order #1: Opening the $43 Trillion Retirement Market to Bitcoin and Crypto
On Thursday, President Trump signed an executive order allowing 401(k) retirement accounts to invest directly in Bitcoin and other digital assets. This makes crypto one of the approved alternative investment categories, alongside real estate, private equity funds, and many other non-traditional assets.
Previously, the U.S. Department of Labor had implemented guidelines restricting cryptocurrency in retirement portfolios. However, the recent reversal of policy combined with the new executive order has opened the floodgates for large capital inflows from retirement accounts. According to Q1 2025 data, total assets in U.S. retirement funds amount to $43 trillion – a colossal figure that could create a new wave of capital flowing into the crypto market.
CEO of Galaxy Digital, Mike Novogratz, stated: “This is a massive market for capital. Opening retirement investment to crypto will significantly boost mainstream adoption.”
Immediately after the order was issued, the cryptocurrency market reacted positively. Bitcoin peaked at $117,689 before slightly adjusting to $116,900. Ethereum also broke through the $3,900 threshold for the first time this year.
🔹 Executive Order #2: Ending Discrimination Against Crypto Companies
On Wednesday, President Trump continued by signing a second order aimed at ending the so-called “Campaign to Strangle 2.0” – an effort believed to be intentionally aimed at preventing cryptocurrency companies from accessing the traditional banking system.
This executive order prohibits banks from denying service to legitimate businesses based on “reputational risk,” political views, or the nature of their operations. At the same time, it requires federal agencies to review and eliminate guidelines allowing discriminatory practices, as well as to punish violators severely.
This move comes after several controversial incidents, in which some major industry leaders – including Brad Garlinghouse (Ripple), Brian Armstrong (Coinbase), and Jesse Powell (Kraken) – were unfairly denied banking services.
🇺🇸 Reinforcing the Legacy of “President Supporting Crypto”
Since taking office in January 2025, Trump has continuously taken steps to support the cryptocurrency industry. In March, he drew attention by announcing the establishment of a national strategic cryptocurrency reserve fund, a symbolic move for America’s commitment to developing blockchain technology. These two new executive orders further clarify Trump’s goal: to make the United States the “crypto capital of the world.”
📈 Conclusion
With two bold executive orders, President Trump is not only changing the rules of the game in finance but also reshaping the position of the United States in the global race for blockchain technology and digital assets. Along with support from influential figures like Robert Kiyosaki, this could be a major turning point for the sustainable and legitimate development of the crypto market in the near future.